Execution against Real Property based on Monetary Claims – Views from an Operational Efficiency Standpoint: The German Experience Fifteen Years On

I. Introduction | II. Historical Background of the Reform | III. Main Aims of the Reform | IV. Four Key Areas of the Reform | 1. Prescription | 2. Liability for Non-performance | 3. Codification of Case Law | 4. Incorporation of Special Statutes on Consumer Protection | V. A Very Brief Assessment of the Reform 15 Years on | VI. Some Comparative Observations | 1. Eliminating Existing Shortcomings of the Code | 2. Internationalization | 3. Enhancing Transparency and Legal Certainty