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Declaration of Division (Teilungserklärung)

Declaration of division (Teilungserklärung) in Germany: content, significance, and what apartment buyers should pay close attention to.

Management
§ 8 WEG

Also known as: partition declaration, division declaration, condominium declaration

The declaration of division (Teilungserklärung) is the foundational document of a German homeowners' association (WEG). It governs the allocation of individual ownership (Sondereigentum) and common property (Gemeinschaftseigentum), assigns co-ownership shares, and contains the community regulations. It is notarially certified and registered in the land register (Grundbuch). (§ 8 WEG)


Related Terms

Individual Ownership (Sondereigentum)Common Property (Gemeinschaftseigentum)Co-Ownership Share (Miteigentumsanteil)Certificate of Completion (Abgeschlossenheitsbescheinigung)Land Register (Grundbuch)
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