HilfeHilfe
2018-04-27 12:21:35
- #1
No, she exits the loan and the land register as the owner. It will be transferred to you. The girlfriend gives you the loan and in return gets the security in the land register (if she wants). This option could make it easier for the bank to release your girlfriend as the borrower.
works only with a classic sale. But there is also the risk that the bank will not co-finance it and a subordinated financing is needed. Classic KO when reading about these encumbrances here...
The bank must agree to release from liability.