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Land Gift Deed
"I need a Land Gift Deed to transfer my vacation property in Bavaria to my daughter, while retaining a lifetime right of residence and including a condition that the property cannot be sold for 10 years after the transfer date of March 1, 2025."
1. Parties (Parteien): Identification of the donor (Schenker) and donee (Beschenkter) with full legal names, addresses, and birth dates
2. Background (Vorbemerkung): Context of the gift, relationship between parties, and general purpose of the deed
3. Definitions (Definitionen): Key terms used in the deed, including property-specific terminology
4. Property Description (Grundstücksbeschreibung): Detailed description of the real estate including land registry details, plot numbers, and address
5. Gift Declaration (Schenkungserklärung): Formal declaration of the gift and transfer of ownership
6. Transfer of Possession (Besitzübergang): Terms regarding when and how possession of the property will be transferred
7. Costs and Taxes (Kosten und Steuern): Allocation of notary fees, registration costs, and potential tax obligations
8. Land Registry Consent (Grundbuchbewilligung): Formal consent for registration of the property transfer in the land register
9. Warranties (Garantien): Donor's warranties regarding property ownership and encumbrances
10. Execution (Vollzug): Instructions for implementing the deed and registration process
1. Rights of Residence (Wohnrecht): Used when the donor retains right to live in the property
2. Maintenance Obligations (Pflegeverpflichtung): Include when the gift is conditional on care or support obligations
3. Reversionary Rights (Rückfallrecht): Optional clause specifying conditions under which the gift may revert to the donor
4. Pre-emptive Rights (Vorkaufsrecht): Include when the donor wants right of first refusal if property is sold
5. Encumbrances (Belastungen): Detailed section about existing mortgages or other encumbrances if applicable
6. Subdivision Requirements (Teilungsanforderungen): Include when the gifted property is being subdivided from a larger plot
1. Property Extract (Grundbuchauszug): Current extract from the land register showing ownership and encumbrances
2. Site Plan (Lageplan): Official cadastral plan showing the property boundaries and location
3. Property Photos (Grundstücksfotos): Current photographs documenting the state of the property
4. Building Documentation (Gebäudeunterlagen): If buildings exist, relevant permits and documentation
5. Power of Attorney (Vollmacht): If applicable, authorization documents for representatives
6. Tax Exemption Documentation (Steuerbefreiungsunterlagen): Documents supporting exemption from transfer taxes
Authors
Real Estate
Legal Services
Public Administration
Notary Services
Banking & Finance
Private Wealth Management
Tax Advisory
Property Development
Family Office Services
Legal
Real Estate
Property Administration
Wealth Management
Tax Advisory
Compliance
Land Registry
Document Management
Private Client Services
Corporate Services
Real Estate Lawyer
Notary
Property Manager
Estate Planner
Tax Advisor
Wealth Manager
Legal Counsel
Compliance Officer
Land Registry Officer
Property Surveyor
Real Estate Administrator
Family Office Manager
Trust Officer
Estate Administrator
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