What is interesting and worth knowing with regard to the rank in section III is that it is also possible to step down in rank in order to obtain a better loan. This is often done in the case of usufruct or right of abode😉.
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2Yr
@Wellenreiter I had now included this in the rank swap in my mind. Are fortunately rights that do not occur frequently 😅
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@tim1 Well here in the country with some farms comes such a Leibgeding already often times (unfortunately). But a nice overview, interesting article! 🙂
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•2Yr
@FleischmannChr really? 😂 I had auctioned properties for years and the Leibgeding I know only from manuals.... never had.
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•@tim1 Yes really 😂 Let the parents often register at the transferring farm (joint use right car, monthly pension, etc.) Work in the rural area in the retail loan processing, da gibts sowas öfters. 😁 Have even iwann times an Excel in the work tinkered to make it a little more bearable. 😂 (with the average life expectancy, etc.)
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•@FleischmannChr has also simply often the reason to lower the value by the right of residence and co to avoid inheritance tax
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•2Yr
@FleischmannChr I would not have thought that. But I also had a court district that is largely urban. In my opinion, one cannot agree on monetary benefits in the case of a Leibgeding, since it must be a matter of benefits in kind. That would probably be the real burden.
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•@Wellenreiter Ah des I did not know yet, but makes sense. Thanks for the input!
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@FleischmannChr is also legal. Offset right of residence with mortality table and local rent. Here in the Munich area, you're otherwise lost😅 400k€ every 10 years is nix here.
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@tim1 Leibgeding can be used to record just about anything, including pension debts. The right of residence per se is also not a real burden, but a personally limited easement, as far as I know(?) Had also already agreed in an old contract that the new owner must give the parents two pork halves per year. 😂 🐖
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@FleischmannChr if inflation continues like this, two halves of a pig are the new gold😜
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