Entering Ownership Relationships
Use
In this section of the land register, you record the owner or owners of parcels entered in the real estate register, along with the basis for the entry.
The basis for the entry could be, for example, conveyance, inheritance, or certification as auction winner.
The following forms of ownership are possible:
Sole ownership
The owner does not share any rights on the land.
Tenancy in common
Multiple owners share ownership in a piece of land, with each possessing a fractional share that is allowed to be sold separately.
Joint ownership
Multiple owners share ownership in the land as a whole. None of the owners has the right to sell his share separately.
Procedure
You are processing a
land register
. Choose the
Section I
, tab page. Enter the necessary data and save.
Note
The entry date and cancellation date define how long the entry is valid. In time slot management, the system displays the time slot valid on the current key date.
Result
You defined ownership relationships.