Heritable building right experiences - cost trap or no problem?

In the last 7 years, the CPI increased by about 9.5%. In a time of supposedly low inflation. The argument "in x years that's peanuts" is invalid when the lease is linked to an index.

If the rate is right, it is the old question: Do I buy a car or lease it? It is not certain that there is a dynamic in the [Erbpachtvertrag]. It is not always the case.

Due to current events, I have our document ready at hand [emoji2]

Hello Maline. How did it go with the ground lease and the 45000€?

That would interest me too. Here we almost exclusively get plots of land with leasehold interest. We will probably get one from the Catholic Church. Here too, development costs are likely to be due when the leasehold contract is concluded. The following should be considered. Often many obligations of the landowner>> are transferred to the lessee. Many municipalities charge fees to the adjacent landowners for road expansion or renovations. These are often >10,000€ and could possibly be passed on to you. In a new development area, this will probably only be the case in at least 20 years because everything is new at first. Nevertheless, check the leasehold contract for corresponding clauses. And: Never say never. Acquaintances of ours had a leasehold plot of the church and were then offered to buy it after about 20 years. At what price and to what extent the already paid leasehold interest was credited, I do not know.

The following should be considered. Often many duties of the property>>owner<< are transferred to the lessee.

This is the case with all contracts I know. The hereditary building right holder is equated with the owner in all rights and duties. That is precisely the purpose of the hereditary building right. The grantor does not give away their property, but usually has nothing else to do with the property for 99 years (except collecting the hereditary lease and consenting to sale/encumbrance).