Property valuation in case of gift

Just like User0815, I see it the same way. Otherwise, I wouldn't have asked. However, not from the contract date but from the onset of neediness. The social welfare office demands repayment, and that could become expensive for you. The gift tax you paid will not be of interest then.

Regarding the tax office, the notary uses your estimated value for calculating his fees. The tax office also calculates on its own, and the amounts may differ. In our case, the extrapolated standard value was used back then.

Or the recipient then comes up to thank for the care.

Or the recipient then comes up to thank for the care.

Rather very rare in reality – I work in the repatriation industry...

No matter how you turn it, the gift only becomes a problem if Grandma has to involve the public, that is me and the others here, in financing her existence within 10 years. If that does not happen, no matter who then pays, the gift is without risk.

The nursing home costs are paid with her pension and widow's pension. She has already been in the nursing home for a year, and the topic has been discussed and thoroughly talked over in the family for many months.

I have neither access to her account nor to her other assets, which in the end is none of my concern. If she did not have enough money for the nursing home place, she would not want to give away the house. Besides, this has nothing to do with the actual question regarding the property valuation.

Thank you, however, for your answers.

Besides, that has nothing to do with the actual question of property valuation.

Set a very low but still plausible value. Then the tax office should accept this value and you will already know what to expect. The tax office has little time and desire to meticulously recalculate the values, since the caseworker has no clue whether it is a villa or just a dilapidated shack.