Veräußerungsgeschäft

Veräußerungsgeschäft is a German legal term that translates to "disposal transaction" or "transfer of ownership." It refers to any legal transaction where ownership of an asset is transferred from one party to another. This can encompass a wide range of activities, including the sale of goods, the transfer of real estate, or the assignment of rights. The core element of a Veräußerungsgeschäft is the voluntary relinquishment of ownership by the seller (Veräußerer) and the acquisition of ownership by the buyer (Erwerber).

In essence, a Veräußerungsgeschäft establishes a new legal relationship concerning the ownership of a specific asset. This transfer typically requires a valid contract between the parties involved, outlining the terms of the transfer, such as the price, the item being transferred, and the conditions of delivery or handover. Legal systems differentiate between movable property (bewegliche Sachen) and immovable property (unbewegliche Sachen), with specific rules often applying to the transfer of real estate, such as the requirement for a notarized deed. The concept is fundamental in contract law and property law, defining how assets can be exchanged and how rights and obligations are established in such transactions.