Veräußerlich

Veräußerlich is a German adjective used in legal language to describe whether a right or asset can be transferred to another person. Something that is veräußerlich can be disposed of in a transaction, such as by sale, assignment, or other forms of legal transfer. The opposite form is unveräußerlich, meaning not alienable or not subject to transfer. The related noun Veräußerung denotes the act of disposing of or transferring ownership.

The term derives from veräußern, to dispose of or alienate, and is used to distinguish transferable rights and properties from those that are personal or indivisible.

In civil law, veräußerlichkeit is a key criterion for the marketability of assets. Property, claims, and many contractual rights are veräußerlich, subject to statutory or contractual limits. Personal or closely bound rights—such as certain personal services or rights that hinge on the person—can be unveräußerlich or veräußerlich only under specific conditions. Transfer restrictions may arise from law, company statutes, or contractual provisions, and can affect how easily an asset can be sold or the steps required for a valid transfer.

Understanding veräußerlich helps assess the liquidity and transferability of assets in areas such as real estate, financial instruments, and corporate claims. It also underpins concepts such as assignment (Zession) and sale agreements, and it interacts with terms like Eigentum, Forderungen, and Nutzungsrechte in German law.