This glossary explains key terms from notarial practice – clearly, understandably, and in alphabetical order. An overview of our areas of activity can be found under Services. If you have questions about your specific matter, we are happy to assist you personally – please visit our Contact page.
Articles of Association
Articles of Association govern the legal framework of a company. They define, among other things, management, capital contributions, and profit distribution. For certain types of companies, notarization is mandatory. The notary ensures compliance with legal requirements. A clearly structured articles of association helps prevent future conflicts.
Certificate of Inheritance
A Certificate of Inheritance is an official proof of heirship. It is issued by the probate court and is often required by banks or land registries. The notary assists with the application and clarifies the inheritance situation. A certificate of inheritance is not required in every case, in particular if there is a notarized last will.
Commercial Register
The commercial register is a public directory for companies. It contains essential information on legal form, representation, and capital. Entries and changes are regularly filed by the notary. The register ensures transparency and protects legal transactions. Business partners can rely on the information recorded.
Conveyance
Conveyance is the notarial agreement between buyer and seller regarding the transfer of ownership of a property. It constitutes a central step in the property purchase process and is a prerequisite for registration in the land register. Without conveyance, the transfer of ownership cannot legally take effect. Typically, conveyance is declared as part of the notarial deed. The notary ensures that both parties fully understand the legal significance of this agreement.
Execution
The notarial execution includes all steps following notarization. This particularly involves registrations in the land register and other official registers. The notary monitors deadlines and execution requirements to ensure the legal effectiveness of the transaction. Execution is an integral part of notarial practice.
Inheritance Contract
An inheritance contract is a binding agreement on the succession of an estate between multiple parties. It requires notarization and has a stronger binding effect than a will. Changes are generally only possible with the consent of all parties to the contract. The inheritance contract is particularly suitable for complex family or business arrangements. The notary ensures legally secure drafting and clear regulations.
Land Charge
A land charge is a real estate lien used to secure loans. It is registered in the land register and is legally independent of the underlying claim. In real estate financing, it is the most common form of security. The notary handles notarization and registration in the land register. After repayment, the land charge can be cancelled or reused.
Mandatory Share
The mandatory share is a legally guaranteed minimum entitlement for close relatives. It usually exists as a monetary claim against the heirs. Its amount is determined according to the statutory share of inheritance. The notary advises on structuring options in advance. The aim is a balanced and legally secure estate arrangement.
Notary Escrow Account
A notary escrow account is a trust account managed by the notary. It is used for the secure handling of payments, for example in real estate transactions. The notary only disburses the funds once all contractual conditions are met. This protects both the buyer and the seller. Such an account is established only when there is a particular need for security.
Notarization
Notarization is the legally required notarial form for certain legal transactions. It ensures legal clarity and protects all parties involved. The notary explains the content of the document and answers any questions. In addition, the notary checks the legal validity of the transaction. Notarization gives the contract special evidentiary weight and binding effect.
Notice of Conveyance
Notice of Conveyance secures the buyer's claim to the transfer of ownership in the land register. It prevents the seller from selling or encumbering the property to someone else after the contract has been concluded. The notice is requested by the notary following the notarisation. It provides the buyer with a legally protected position. In practice, it is an indispensable security instrument in property transactions.
Will
A will governs the distribution of an estate after death. It can be created either handwritten or notarized. A notarial will provides enhanced legal certainty and evidentiary value. The notary advises on form, content, and tax-related aspects. Careful drafting helps prevent later disputes over interpretation.
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