Wülfrath & Partner Rechtsanwälte | Residential Property Law
Rechtsanwälte Karlsruhe für Steuerrecht

Residential Property Law

Civil Law states that all buildings erected on a plot of land belong to the owner of that land and can not stand in independent  ownership of that land (§ 94 BGBG). After 1945 this proved to be too inflexible due to the huge increase in housing needs- With the Residential Property Law of 1951, the possibility was created for those seeking housing to participate financially in the creation of a new residential property in return for residence and part-ownership of comparative value. In particular, we advise clients in the process declaring the of division of real estate, be it the conversation of existing apartment buildings or a new build (consideration of the tenants property administration and management, and ratio of owners/owner-occupiers).