Conveyance
Agreement on the transfer of ownership of real estate.
The conveyance is the required agreement between seller and buyer on the transfer of ownership of a property. It must be declared with both present at the same time before a competent authority, usually the notary. Ownership passes only upon registration in the land register.
The relevant statutes
§ 925 BGB
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General explanation for self-help, not legal advice (RDG). Individual cases may differ: if in doubt, contact a consumer advice center or a lawyer.