General Questions (Heritable Building Rights)

  • Erstellt am 2020-05-04 17:00:59

nordanney

2020-05-15 15:03:35
  • #1

Asking questions is always good. At least if they are meaningful questions that you have thought about a bit beforehand (Aunt Google helps a lot). Even more important than questions are the answers. You have received plenty of those – all clearly with the same content.

Well, you have actually not answered a single line, let alone at length, regarding the risk you have in mind. And if you informed yourself, you would know how it works. Then you wouldn’t have to phrase it exaggeratedly or incorrectly.

But these questions do not fit a specific property and your wishes. The first questions are actually: Where do I want to live – urban, rural, outskirts etc. / How must the surroundings be (infrastructure, traffic situation, demographics, etc.) / commute / family integration / rentability (you had spoken of a multi-family house) / budget / type of house etc. Then there is a long gap and only then “expropriation.” To put this question in front is complete nonsense.

Why not, if she wants to find out exactly about that? Maybe she heard that tap water causes miscarriages? One answer and her fear is removed. That’s why we ask about your fear too.

All answers have been given.

Summary:
Heritable building rights: completely normal in Germany and absolutely uncritical (except with very short remaining terms, but then you have a problem at the bank at the latest, which usually requires 10 years of remaining term after the end of the financing period [not interest fixation]).
Expropriation: far-fetched and only possible in defined exceptions (which simply do not occur with normal home builders) – legally regulated including Basic Law and at most annoying for the owner, but economically unproblematic.

I worry more about, for example, climate change (in the North German plain up to the Rhineland, as of today, you should not build because of the rising sea level – this risk is factually higher than a possible expropriation).
 

OWLer

2020-05-15 18:16:46
  • #2
And if things go badly, this risk will even materialize sooner than the 99 years expire. But by then, we will have much bigger problems than the grandchildren worrying about grandpa’s house. Grandpa will definitely have been dead for a long time, and no one will have any emotional attachment to the house anymore.
 
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