Rehabilitated area in the contaminated sites register

Hello everyone,

I want to buy a condominium from a developer. The draft purchase agreement shows that contaminated sites were found on the building plot, which will be properly removed as part of the construction work.

The seller points out that contaminated sites have occurred during the excavation, which the seller will properly remove. In this context, the seller further points out that the property will be listed as a remediated area in the contaminated sites register after successful remediation. The seller is liable for contaminated sites within the framework of the Federal Soil Protection Act.

I am especially interested in how the listing of the property as a remediated area in the contaminated sites register should be assessed. Does this have a negative impact on the property value? Could there be problems in a later resale?

Thank you very much in advance.
Hagen

I am particularly interested in how the management of the property as a remediated area in the contaminated sites register is to be assessed. Does this have a negative impact on the property value? Are there any problems arising from a later resale?

No. There is nothing more to say about it.