German Civil Code (BGB) German law Title 18 Life annuity Section 759 Duration and amount of the annuity (1) A person who is obliged to provide a life annuity must in case of doubt pay the annuity for the duration…
Title 17. Co-ownership (Section 741 – 758)
German Civil Code (BGB) German law Title 17 Co-ownership Section 741 Co-ownership by defined shares Where more than one person is jointly entitled to a right, then, unless the law leads to a different conclusion, the provisions of sections 742…
Title 16. Partnership (Section 705 – 740)
German Civil Code (BGB) German law Title 16 Partnership Section 705 Contents of partnership agreement By a partnership agreement, the partners mutually put themselves under a duty to promote the achievement of a common purpose in the manner stipulated by…
Title 15. Bringing things onto the premises of innkeepers (Section 701 – 704)
German Civil Code (BGB) German law Title 15 Bringing things onto the premises of innkeepers Section 701 Liability of the innkeeper (1) An innkeeper who accommodates strangers commercially must make compensation for the damage incurred by the loss of, destruction…
Title 14. Safekeeping (Section 688 – 700)
German Civil Code (BGB) German law Title 14 Safekeeping Section 688 Typical contractual duties in safekeeping By a safekeeping contract, the depositary is obliged to store a movable thing delivered to him by a depositor. Section 689 Remuneration Remuneration for…
Title 13. Agency without specific authorisation (Section 677 – 687)
German Civil Code (BGB) German law Title 13 Agency without specific authorisation Section 677 Duties of the voluntary agent A person who conducts a transaction for another person without being instructed by him or otherwise entitled towards him must conduct…
Chapter 3. Provision and use of payment services (Section 675j – 676c)
German Civil Code (BGB) German law Chapter 3 Provision and use of payment services Subchapter 1 Authorisation of payment transactions; payment authentication instruments Section 675j Consent and withdrawal of consent (1) A payment transaction is only effective vis-à-vis the payer…
Title 12. Mandate, contract for the management of the affairs of another and payment services (Section 662 – 675b)
German Civil Code (BGB) German law Title 12 Mandate, contract for the management of the affairs of another and payment services Subtitle 1 Mandate Section 662 Typical contractual duties in a mandate By accepting a mandate, the mandatary agrees to…
Title 11. Promise of a reward (Section 657 – 661a)
German Civil Code (BGB) German law Title 11 Promise of a reward Section 657 Binding promise Anyone offering by means of public announcement a reward for undertaking an act, including without limitation for producing an outcome, is obliged to pay…
Title 10. Brokerage contract (Section 652 – 656)
German Civil Code (BGB) German law Title 10 Brokerage contract Subtitle 1 General provisions Section 652 Accrual of fee claim (1) A person who promises a brokerage fee for evidence of the opportunity to enter into a contract or for…