Forfeiture of mortgage-financing withdrawal rights after five and a half years

110 C 165/14Court of First InstanceApr 15, 2015Civil lawDismissed

Extracted by Omnilex

Omnilex summary

The District Court of Bonn dismissed the plaintiff's claim concerning exercise of a withdrawal right in connection with real-estate financing. It held that exercise of the right after five and a half years was precluded by forfeiture. The plaintiff was ordered to bear the costs of the proceedings. The judgment was declared provisionally enforceable against security of 120% of the amount to be enforced.

Omnilex headnote

BGB § 242; exercise of a withdrawal right relating to real-estate financing may be precluded by forfeiture after the passage of time. The court held that the withdrawal right could no longer be exercised after five and a half years.

Full text

Amtsgericht Bonn — 110 C 165/14 — Urteil

Entscheidungsdatum: 2015-04-15

Aktenzeichen: 110 C 165/14

ECLI: ECLI:DE:AGBN:2015:0415.110C165.14.00

Dokumenttyp: Urteil

Spruchkörper: 110. Zivilabteilung

Normen: BGB §§ 242, ZPO § 138 Abs. 2

Leitsätze

Der Ausübung des Widerrufsrechts bei einer Immobilienfinanzierung nach 5 1/2 Jahren steht der Einwand der Verwirkung entgegen.

Tenor

Die Klage wird abgewiesen.

Die Kosten des Rechtsstreits trägt die Klägerin.

Das Urteil ist gegen Sicherheitsleistung in Höhe von 120 % des jeweils zu vollstreckenden Betrages vorläufig vollstreckbar.

Keywords

withdrawal rightreal-estate financingforfeiturelimitation of rights

The exercise of the withdrawal right was barred by forfeiture.

The court held that the passage of five and a half years precluded exercise of the withdrawal right.

The plaintiff bears the costs of the proceedings.

The plaintiff's claim was dismissed.

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