Document background
The Absolute Sale Deed (Kaufvertrag) is a fundamental legal instrument in German property transactions, governed by the German Civil Code (BGB). This document is essential when transferring complete and unconditional ownership of real property in Germany. It must be notarized and registered in the land registry (Grundbuch) to be legally effective. The deed includes comprehensive details about the property, parties involved, purchase price, payment terms, and various warranties and representations. It's particularly important that the Absolute Sale Deed complies with all formal requirements under German law, including specific declarations required for land registry registration and tax purposes. The document serves as the primary evidence of property transfer and forms the basis for updating property records in the German land registry system.
