ᐅ Plot purchase only after signing the contract with the developer

Created on: 6 Mar 2019 13:47
A
Andrea85
Hello,
maybe someone here can explain the following to me: When searching for a plot of land, I often come across so-called planned building projects from various providers (Streif House, Best House, Okal House, Sika House, etc.). They offer a plot with a general location and a matching house. When you contact the provider, they say that a contract for a building order must be signed first before you get the exact address of the plot. This happened with Scanhaus Marlow and Streif. Streif assured me that the plots are sold commission-free by the company itself. That’s why I don’t understand their approach. Either way, I wouldn’t be able to take the plot to another company. Can someone explain why this is common practice?
I don’t want to sign a contract with a company without knowing if and which plots they actually have. I mean, I wouldn’t go to a furniture store and sign a purchase contract for a cabinet at the entrance without having seen it in the store first.
I’m curious if someone can shed some light on this.
Regards,
Andrea85
11ant8 Mar 2019 12:22
Golfi90 schrieb:
All parties have signed there

If each party separately signs only a statement declaring that, as a contractor, they are not economically or organizationally connected to the land seller – although I do not see any separation between the municipality and its subsidiary housing company – such a document might be a negative indication, but by no means a free pass.
However, if everyone has signed the exact same document, then the document itself undermines its own content and is effectively worthless.
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M
Mottenhausen
11 Mar 2019 09:42
It would be interesting to know how much a notary is allowed to charge for such a "declaration" and whether the value of the transaction is also relevant there. But even the flat rate for "post/phone" is actually outrageous.

After the purchase, the tax office usually sends a questionnaire (with a slight tendency toward trick questions...) which you fill out or (as in our case) write a brief statement explaining why the questions do not apply. For example, because no house construction contract has been signed yet. It takes exactly 10 minutes and a postage stamp.
Golfi9011 Mar 2019 12:22
Mottenhausen schrieb:
It would be interesting to know how much a notary is allowed to charge for such a "declaration" and whether the value of the matter is also decisive there. But even the "post/phone flat rate" alone is really outrageous.

I will keep you updated on the costs incurred from this document as soon as the invoice arrives. That should be sometime this week.

We might also receive a copy of the declaration. If so, I will upload it here.
Y
Yosan
11 Mar 2019 12:38
Mottenhausen schrieb:
After purchasing, you usually receive a questionnaire from the tax office (sometimes with tricky questions...), which you fill out or, as in our case, write a brief explanation why the questions do not apply.

In our case, we didn’t even receive something like that. Just the notice of the amount to be paid, based solely on the land purchase price.
N
Nordlys
11 Mar 2019 12:41
The fact is, notaries do not handle new construction contracts. They only deal with pure land contracts or contracts involving land with an existing house on it. As long as only the land is purchased and nothing else happens, it is not considered a tied transaction.
F
Fuchur
11 Mar 2019 18:34
...unless the seller is a well-known housebuilding company or a real estate subsidiary. In that case, every tax office knows that no plots of land are sold without a building contract.