Is KfW funding with repayment grant possible for me?

  • Erstellt am 2020-06-20 20:18:53

Aphrodithe

2020-06-21 00:50:05
  • #1
Since when are separate properties already assigned by name in the declaration of division? That only takes place in the purchase contract, doesn't it? There it says, for example, that the buyer acquires the property in the declaration of division with the number..... and the associated exclusive right of use.... The rest is regulated by the land register
 

hausera

2020-06-21 08:32:24
  • #2
Good morning,

I have looked at the documents again. I received them from the realtor because I am interested in one of the 5 apartments. The building is still under shell construction; one floor is still entirely missing.

In the documents, there is a division agreement (public deed) from the notary. Five people were present. Paragraph 2 states how many co-ownership shares each person receives, connected with which special property (e.g., living spaces on the ground floor, 1 basement room, and 1 garage). Then paragraph 3 explains what is special property and what is common property, etc. In total, there are 17 paragraphs. Everyone signed the contract.

But as I said, the apartments are currently all still being offered for sale through a realtor.

Is it possible that the apartments are somehow being sold twice? That is, people buy apartments even before construction, thus financing the whole thing, and then sell them again without ever having moved in, after the construction phase is completed? And if that were the case, would I still be entitled to KfW funding? I would basically not be the first buyer.

Or was it perhaps only about the land that may have belonged to several people? But then no rooms would be named that are assigned to the respective person, would they?
 

Aphrodithe

2020-06-21 09:45:50
  • #3
That does indeed sound a bit odd. The land register should provide clarity here. Request an excerpt from the real estate agent and then simply inquire with the KfW!
 

nordanney

2020-06-21 09:51:11
  • #4
Suspect construct. Do what @Aphrodite suggests. You can trace a lot in the [Grundbuch].
 

User0815

2020-06-21 20:25:19
  • #5
That sounds like a division according to § 3 WEG. There is nothing suspicious about it; it is just not as common as the division according to § 8 WEG. With § 8 WEG, the owner divides, whereas with § 3 WEG there are multiple owners, each assigned an apartment, so that each has sole ownership of an apartment. This is more common, for example, with families or communities of heirs.
 

hausera

2020-06-21 20:40:48
  • #6
If that were the case, and I buy the one apartment from one owner, would I still be the first buyer and could I apply for the KfW subsidy?
 

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