VII. Realisaziun dal pegn
1. Moda da la realisaziun
1 Il creditur ha il dretg da vegnir pajà or dal retgav ch’è vegnì realisà per il bain immobigliar, nun ch’el vegnia cuntentà autramain.
2 La cunvegna, tenor la quala il creditur duai daventar proprietari dal bain impegnà, sch’el na survegn betg in pajament, è nunvalaivla.
3 Sche plirs bains immobigliars èn impegnads per la medema pretensiun, sto la scussiun per la realisaziun dal pegn immobigliar sa drizzar a medem temp vers tut ils bains; la realisaziun vegn dentant exequida tenor l’ordinaziun da l’uffizi da scussiun mo uschenavant ch’ella è necessaria.
VII. Foreclosure
1. Mode
1 In the event of default on the part of the debtor, the creditor has the right to payment out of the proceeds of the sale of the property.
2 Any agreement stipulating that the property subject to the mortgage will become the property of the creditor in the event of default on the part of the debtor is invalid.
3 Where several properties are made subject to a mortgage as security for a single claim, foreclosure proceedings must be brought simultaneously against all such properties, while indivaidual properties are sold only if deemed necessary by the debt enforcement office.
