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Miteigentumsanteil

Miteigentumsanteil is a term from German real estate law referring to a co-ownership share in a jointly owned property, such as a residential building. It represents a fraction of the whole property and is usually registered in the land register as part of the Miteigentum along with the Sondereigentum (the privately owned unit). The share denotes the owner’s portion of the common property, such as stairwells, courtyards, and other shared facilities, and it serves as a basis for distribution of costs and rights within the Eigentümergemeinschaft (owners’ association).

The legal framework for Miteigentumsanteil is primarily laid down in the Wohnungseigentumsgesetz (WEG) and the division

Rights and obligations associated with a Miteigentumsanteil include participation in the use of common areas, voting

Transfer and implications: When a Sondereigentum unit is bought or sold, the corresponding Miteigentumsanteil is transferred

declaration
(Teilungserklärung).
In
a
typical
arrangement,
each
unit
has
Sondereigentum
and
a
corresponding
Miteigentumsanteil
in
the
Gemeinschaftseigentum.
The
proportion
of
the
Miteigentumsanteil
usually
reflects
the
unit’s
value
or
size
relative
to
the
total
property,
and
it
is
fixed
in
the
declaration
and
entered
in
the
Grundbuch
(land
register).
in
the
Eigentümerversammlung,
and
bearing
a
proportionate
share
of
maintenance
and
repair
costs
via
the
Gemeinschaftskosten
(service
charges)
and
the
reserve
fund.
The
exact
weight
of
votes
and
the
allocation
of
expenses
can
be
defined
by
the
division
declaration
or
the
community’s
bylaws,
though
often
the
share
correlates
with
the
Miteigentumsanteil.
as
well.
The
Miteigentumsanteil
remains
tied
to
the
property
and
affects
rights,
costs,
and
potential
financial
encumbrances
related
to
the
building’s
common
parts.