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Article 398-7Assignments of Secured Claims Under Revolving Mortgages

第三百九十八条の七(根抵当権の被担保債権の譲渡等)

A person that acquires a claim from a revolving mortgagee before the principal is fixed may not exercise the revolving mortgage with respect to that claim. The same applies to a person that made payment for or on behalf of an obligor before the principal was fixed.

元本の確定前に根抵当権者から債権を取得した者は、その債権について根抵当権を行使することができない。元本の確定前に債務者のために又は債務者に代わって弁済をした者も、同様とする。

If an obligation is assumed before the principal is fixed, the revolving mortgagee may not exercise the revolving mortgage with respect to the obligation of the person that assumes the obligation.

元本の確定前に債務の引受けがあったときは、根抵当権者は、引受人の債務について、その根抵当権を行使することができない。

If the discharging assumption of an obligation is effected before the principal is fixed, the obligee may not transfer the revolving mortgage to the obligation assumed by the new obligor, notwithstanding the provisions of Article 472-4, paragraph (1).

元本の確定前に免責的債務引受があった場合における債権者は、第四百七十二条の四第一項の規定にかかわらず、根抵当権を引受人が負担する債務に移すことができない。

If any novation due to the substitution of the obligee is effected before the principal is fixed, the obligee before the novation may not transfer the revolving mortgage to the obligations after the novation, notwithstanding the provisions of Article 518, paragraph (1). The same applies to the obligee in the case of novation due to the substitution of the obligor before the principal is fixed.

元本の確定前に債権者の交替による更改があった場合における更改前の債権者は、第五百十八条第一項の規定にかかわらず、根抵当権を更改後の債務に移すことができない。元本の確定前に債務者の交替による更改があった場合における債権者も、同様とする。

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