Wohnungseigentumsrecht
Wohnungseigentumsrecht is the legal framework in Germany that governs the ownership of individual residential units within a building and the co-ownership of the shared property. It is mainly embodied in the Wohnungseigentumsgesetz (WEG) and regulates how multiple owners can hold and manage their properties together.
The arrangement distinguishes between Sondereigentum (exclusive ownership of a unit) and Gemeinschaftseigentum (shared property such as
Owners form the Eigentümergemeinschaft (community of owners), which is managed by a Verwaltung (property manager) and
Financially, owners contribute to a Hausgeld for ongoing maintenance, insurance, and reserves for major repairs. The
Disputes and modifications are regulated by the WEG, which provides mechanisms for enforcement and, when necessary,