1 article
Before the principal is fixed, a revolving mortgagee may assign a revolving mortgage, with the approval of the mortgagor of the revolving mortgage.
元本の確定前においては、根抵当権者は、根抵当権設定者の承諾を得て、その根抵当権を譲り渡すことができる。
A revolving mortgagee may divide the revolving mortgage into two revolving mortgages and assign either of the same pursuant to the provisions of the preceding paragraph. In this case, the rights for which that revolving mortgage is the subject is extinguished with respect to the revolving mortgage that was assigned.
In order to effect an assignment under the provisions of the preceding paragraph, the approval of the person that holds the rights for which that revolving mortgage is the subject must be obtained.
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