Grundstücken
Grundstücken refers to defined portions of land with fixed boundaries, typically consisting of the land itself and any permanent structures affixed to it. In German-speaking civil law, a Grundstück is immovable property that is legally identifiable and registered in the land register (Grundbuch). The boundaries are measured and stored in the cadastre, where each parcel is recorded as a Flurstück. Ownership is held as Eigentum, and a Grundstück may carry various rights and obligations, such as easements (Grunddienstbarkeiten), usufruct (Nießbrauch), or liens (Hypothek, Grundschuld).
Legal framework and administration: Transfers of ownership generally occur by notarial deed, with entry in the
Types and uses: Grundstücke can be undeveloped (unbebaut) or developed with buildings (bebaut). They are categorized
Taxes and costs: Ownership incurs ongoing costs such as Grundsteuer (property tax). Upon acquisition, buyers typically
Market and due diligence: Real estate transactions involve due diligence, including title search in the Grundbuch,