Book Four: LAW OF PROPERTY › Part Two: LIMITED RIGHTS IN REM › Chapter Two: CHARGES ON IMMOVABLE PROPERTY › Division Three: MORTGAGE NOTE AND ANNUITY NOTE A. Mortgage note
The debtor under an annuity certificate is the owner of the encumbered immovable.
A person who acquires the encumbered immovable becomes the debtor under the annuity certificate, and the former owner is released from his debt without the need for any further transaction.
Interest debts become the personal debt of the owner as of the date on which they cease to be secured by the immovable.
Original Turkish text
MADDE 907 · V. Borç ve mülkiyet
İrat senedinin borçlusu yüklü taşınmazın malikidir.
Yüklü taşınmazı edinen kimse irat senedinin borçlusu olur ve eski malik başka bir işleme gerek kalmaksızın borcundan kurtulur.
Faiz borçları, taşınmazla güvenceye bağlı olmaktan çıktığı tarihten başlayarak malikin kişisel borcu olur.