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Real Estate Addendum for Germany

Real Estate Addendum Template for Germany

A Real Estate Addendum under German law is a formal legal document that modifies or supplements an existing real estate agreement. It must comply with the German Civil Code (B眉rgerliches Gesetzbuch - BGB) and relevant property laws, including strict notarization requirements. The document serves to amend specific terms of the original agreement, such as purchase price adjustments, property specifications, completion dates, or additional conditions. It requires careful drafting to ensure compatibility with both federal German property laws and applicable state regulations, while maintaining the validity of the original agreement's remaining terms.

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Real Estate Addendum

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What is a Real Estate Addendum?

A Real Estate Addendum is essential in German property transactions when modifications to an existing real estate agreement become necessary. This document type is commonly used when parties need to adjust terms such as purchase price, property specifications, completion dates, or add new conditions to the original agreement. Under German law, such modifications must be properly documented and usually require notarization to be legally valid. The addendum must comply with the German Civil Code (BGB), particularly sections dealing with property law (搂搂 873-902), and relevant state-level regulations. It's crucial for maintaining legal certainty in property transactions while allowing flexibility to address changing circumstances or requirements that arise after the original agreement is signed.

What sections should be included in a Real Estate Addendum?

1. Parties: Identification of all parties to the addendum, including their full legal names, addresses, and registration details for legal entities

2. Background: Reference to the original agreement being modified, including its date and any previous amendments

3. Definitions: Key terms used in the addendum, ensuring consistency with the original agreement's definitions

4. Subject Matter of Modification: Clear statement of which provisions of the original agreement are being modified

5. Modified Terms: Detailed description of the new or modified terms, with explicit reference to the sections being changed in the original agreement

6. Effect on Original Agreement: Statement confirming which original agreement terms remain in force and which are superseded

7. Notarization Statement: Required statement regarding notarization in accordance with German law

8. Execution: Formal execution block including date and signature requirements

What sections are optional to include in a Real Estate Addendum?

1. Price Adjustment: Section detailing any changes to the purchase price or payment terms, required when financial terms are being modified

2. Property Description Amendment: Used when modifying the description of the property or included fixtures/fittings

3. Closing Date Modification: Required when changing the completion or handover date

4. Additional Warranties: Used when adding new warranties or representations

5. Mortgage or Financing Provisions: Required when adding or modifying financing terms

6. Construction or Renovation Terms: Used when adding provisions about property modifications or construction works

7. Environmental Provisions: Required when adding terms related to environmental issues or energy efficiency requirements

What schedules should be included in a Real Estate Addendum?

1. Schedule A - Modified Property Details: Updated property specifications, plans, or boundary descriptions

2. Schedule B - Amended Payment Schedule: Revised payment terms or installment schedule if applicable

3. Schedule C - Modified Completion Requirements: Updated list of conditions or requirements for completion

4. Appendix 1 - Updated Floor Plans: New or modified floor plans or property layouts

5. Appendix 2 - Energy Certificate Updates: Modified or new energy efficiency certificates if required

6. Appendix 3 - Land Registry Documents: Updated land registry extracts or documents

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Germany

Document Type

Purchase Agreement

Cost

Free to use
Relevant legal definitions






























Clauses






























Relevant Industries

Real Estate

Construction

Property Development

Banking and Finance

Legal Services

Property Management

Urban Planning

Architecture

Environmental Services

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Transactions

Operations

Investment

Asset Management

Due Diligence

Contract Administration

Relevant Roles

Real Estate Attorney

Property Manager

Real Estate Agent

Legal Counsel

Property Developer

Compliance Officer

Contract Manager

Real Estate Investment Manager

Transaction Manager

Property Surveyor

Notary Public

Real Estate Portfolio Manager

Property Acquisition Manager

Real Estate Operations Director

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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