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Article 398-15Assignments or Waivers of Order of Priority of Mortgages and Assignments or Partial Assignments of Revolving Mortgages

第三百九十八条の十五(抵当権の順位の譲渡又は放棄と根抵当権の譲渡又は一部譲渡)

If a revolving mortgagee that has accepted an assignment or waiver of the order of priority of a mortgage has assigned or partially assigned that mortgagee's revolving mortgage, the assignee benefits from the assignment or waiver of that order of priority.

抵当権の順位の譲渡又は放棄を受けた根抵当権者が、その根抵当権の譲渡又は一部譲渡をしたときは、譲受人は、その順位の譲渡又は放棄の利益を受ける。

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