House purchase, from the grandparents to the grandchildren

  • Erstellt am 2019-04-29 09:39:04

Jupiter1234

2019-04-29 12:56:22
  • #1
Thanks to you too, these are quite different impressions from your side.

I would now record one third as a gift.
To be honest, I don't really know exactly. I was still quite young then. My grandparents just wanted that in case of emergency, the house wouldn’t be completely auctioned off but a part would remain directly in my family branch. In any case, that was more than 10 years ago and doesn't count anywhere anymore (if I see it correctly).

What my grandparents then specifically do with the money in the end, I don't know either. I just wrote something here for now. In any case, out of the house with the many stairs.

Honestly, I would have expected a notary to be perfectly familiar with everything he deals with.
After all, they are appointed. Well, obviously there are bloated bureaucracies in every field.

Thanks again!
 

Tassimat

2019-04-29 13:03:29
  • #2


And what if the grandparents still live for more than 10 years?

Another idea: simply a gift to you again. Or a combination of gift + purchase. The nice thing is that you are listed as 100% owner in the land register right away and the house is secure for you. All the heirs will only be paid out proportionally later. Each year 10% less. As long as no excessive value increases are expected, this could be the most cost-effective. The grandparents can also remain living there.
 

Climbee

2019-04-29 13:08:47
  • #3
If the grandparents now give something as a gift and die within the 10-year period (which is not unlikely at their age) and the normal succession applies, this gift is indeed taken into account to my knowledge – meaning it is deducted from Jupiter’s inheritance share.

I would now aim for a solution that creates clear conditions. Either a purchase or the solution via rent/care with the associated risks. The original poster has to decide that for themselves. In both cases, it is clear that the house belongs to him and heirs, come what may, can no longer hold out their hand demanding anything. That would be important to me.
 

RomeoZwo

2019-04-29 13:22:35
  • #4
If you have the money to buy at market value, that is certainly the cleanest solution and later no one can give you a hard time. The appraisal that I once saw indicated a range FROM / TO. There are surely objective reasons why your grandparents sell at the lower end of that range (e.g. uncertainties about renovations, etc.). All these care / gift / partial transfers usually come from reasons of tax savings when passing on outside the direct line (because property transfers are only tax-free in the direct line, not generally within the family, so not, for example, between siblings).
 

Tassimat

2019-04-29 14:13:22
  • #5


Correct, it would be credited exactly as much as the purchase would cost now. But with each year the grandparents live longer, it decreases by 10%. That means in the case of a gift he has to pay between 100% and 0% of the value, decreasing annually.

With all this theoretical playing around: There are direct heirs and we do not know the relationship of the grandparents to the children. Should they even be "disinherited" so that the original poster pays as little as possible? Only if there is a clear "yes" here does it make sense to play with gifts, care, rent, etc. Otherwise, the purchase option remains simple and clear.
 

Anoxio

2019-04-29 14:34:16
  • #6
In my opinion, I have now gathered that the grandparents would like to have some money and probably do not want to pursue a complete gift. That is also their right – therefore, I would consider the arrangement to have everything appraised and to pay the "remaining" 2/3 as the best and fairest solution for all parties. Then the other future heirs cannot object; after all, your grandparents can do whatever they want with their possessions during their lifetime.
 

Similar topics
27.10.2008Mold - Rent Reduction?11
24.05.2013Build big? Or continue renting?23
23.04.2015Does this donation bring advantages or disadvantages?21
08.05.2015Buying the family home - a good idea?34
21.04.2016Gift - how to properly handle/list11
04.12.2017Financing from a gift and renovation10
24.12.2017House donation - Implement energy saving regulations - Meet requirements11
04.06.2018Building plot as a gift / not married10
13.11.2018Grandma's house | Right of residence | Rent by oneself15
19.11.2018Renovation loan after gift11
15.02.2019Property valuation in case of gift14
14.03.2019Notary fee invoice after gift15
17.06.2019Have the house/property appraised in case of inheritance or gift21
10.07.2019Calculations on the annoying topic of buying/building vs. renting19
16.10.2019Rent for construction dryer in final invoice/builder - legal?14
25.10.2019Gift / Semi-detached house / Land register23
01.02.2020Paying "rent" to the partner... how?135
11.09.2020Gift from a friend - right of reclaim32
01.04.2021Taking possession before gift / usufruct / renting - disadvantages?52
03.05.2022What should be considered when financing or gifting a family home property?37

Oben