Pawnbroking industry: extension of the deposit realisation period
In the pawnbroking industry, pawnbrokers must realise the pledge no later than 6 months after the realisation entitlement has taken place.
At the request of the pawnbroker to the competent authority, the deadline may be extended for good cause.
The deadline shall be extended as long as the good cause is likely to exist. In the event of prevention by a judicial or administrative measure, the time limit shall be extended until the realisation of other pledges following the lifting of the measure.
Who should I contact?
Requirements
An important reason exists if:
- there is a conflict of obligations of the pawnbroker under the Pawnbroker Ordinance and other legal provisions
- postponement of the realisation is in the interest of the pledger, e.g. if, for seasonal reasons, a more favourable result can be achieved for the piston in the event of a subsequent realisation despite the interest and costs still accruing
- if there is a dispute pending concerning the ownership of the pledge or the creation of the lien
Which documents are required?
- If applicable, identity card or passport
- If applicable, pawnbroking permit
- Documents documenting the important reason
What are the fees?
The fees are 30.50 euros.
Annex 1 to § 1 paragraph 1 of the General Rules of Fees (AllGO)
What deadlines do I have to pay attention to?
The application should be made as soon as the good cause exists.
Legal basis
URL: § 9 paragraph 2 Pawnbroker Ordinance (PfandlV)
Designation:
URL: List of administrative costs for the administrative costs regulation for the business area of the Ministry of Economic Affairs, Energy, Transport and Regional Development (VwKostO-MWEVL)
Technically approved by
Lower Saxony Ministry of Economic Affairs, Labour and Transport
