Property ownership house purchase: Unmarried land register entry

2021-06-22 07:38:26

That’s why I have my concerns. The amount of the house investment has not yet been determined. The price per square meter will only be published by the city in the coming months. I still want to determine the possible total budget.

A lot can still happen. Correct. That’s also why there is currently uncertainty regarding the financing. With my previous girlfriend, I had similar plans to eventually purchase property. I never gave it much thought back then. After the breakup, you reflect on the corresponding plans, and I came to the conclusion that unforeseen cases can always arise. For this reason, I would like to arrange everything fairly from the outset. Because if it eventually doesn’t work out together anymore, I don’t want to have discussions and a “war of the roses.” That already happened with my parents back then.

Of course, I also want to take advantage of the opportunity. My friends are also applying for the building area, and due to the geographical location, no further building areas will be developed in this town.

Then I would build in such a way that you can bear everything alone in case of emergency. Otherwise, the house will be lost after a separation.
Regarding your question, I would get legal advice and also tax advice on how to do it most cleanly.

Because of the opportunity, I still wouldn’t do anything too hastily. Fortunately, you still have some time. But think about how you want to live. What is important to both of you.

And as someone already wrote, depending on the place you live, it may be that you come up empty despite belonging to the same place, because you have no children.

2021-06-22 08:21:32

Until a year ago, I was in a relationship with my girlfriend for over 5 years. For certain reasons, our paths separated, and I have had a new girlfriend for a year now.

Also, something should be said: Just because you have only been together for a year and experienced a breakup, it does not mean that you always have to see this sword hanging over a relationship when looking at future prospects. You can also separate after 10 years or 30. Therefore, reflect and both of you should look within yourselves whether you see a future together or are just a pastime for each other. Only then can you plan, and do so without reservations. Everything else makes no sense.

2021-06-22 09:05:47

Was everything paid off and debt-free? Otherwise, it is completely irrelevant because you own a house with debt. What would there be to pay out? There is nothing to pay out. Now there is some whispering, hearsay, and/or some untruth in it. And as already said: the disproportionate equity can all be regulated through a contract.

He had a big chunk of equity (sold apartment). Accordingly, the debt was manageable. In addition, the area gained enormous value shortly after their construction. Built for 500k, current value almost 700k. He lives there with his new partner and has paid out his wife. We experienced everything live. Since I was friends with her, I know her side well, and after the separation, I got to know his. Yes, a lot can be regulated contractually, but you also have to be aware of what would be good to regulate.

2021-06-22 10:12:36

I am also in favor of the option to record the different shares in the land register, or rather, we did it that way when acquiring our condominium. For the house it didn’t matter now, since we are married in the meantime. Instead of "in equal shares," it simply says "3/10" & "7/10" behind the buyers' names. Totally easy. You have to calculate the exact split yourselves.

2021-06-22 10:34:04

Yes, a lot can be regulated contractually, but one must also be aware of what would be good to regulate.

The equity!
In the event of separation, the person who contributed the lesser amount is paid out by the other. Unless it is explicitly desired that it happens the other way around or is subject to conditions.
If one person contributes 150,000 and the other 30,000 as equity and the separation occurs within a few years, where you can then disregard the interest on the equity, it is more likely that the person who contributed 150,000 will be able to give the ex-partner 30,000 than vice versa.
Any possible increase in the property's value can also be settled in one sentence, as the loan servicing is then seen similarly to rent. None of this is exotic.
All of this can be regulated in a few sentences in a contract.
If one partner is very emotional, the contract can also be notarized for security. But it doesn't have to be.

2021-06-22 10:45:40

I would rather see if I can manage the financing entirely on my own. [Frau weg, Haus weg] would now be the absolutely worst-case scenario.

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Property ownership house purchase: Unmarried land register entry

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