ᐅ What to Consider When Buying a Plot of Land from a Private Seller?
Created on: 3 Feb 2024 09:45
J
JackSparrow777J
JackSparrow7773 Feb 2024 09:45Hello, we are a young couple and relatively new to searching for land. Occasionally, something interesting comes up on classified ads. What should we pay special attention to here, and what documents must the seller definitely provide us? Understandably, we don’t want to be taken advantage of… do you have any good experiences with buying land from private sellers?
J
jens.knoedel3 Feb 2024 10:05There are no differences compared to land purchases from non-private sellers.
The seller does not have to provide any documents. Essentially, there are no documents specifically related to the plot itself—only the land register where it is recorded.
What is mainly relevant are:
- Cadastral map
- Information on building encumbrances
- Contaminated site register
- Statements regarding utility connections
- Zoning plan, if available
However, all of these documents can be easily obtained by yourselves. The notary will also review various matters again—such as outstanding fees for utility connections or similar.
The seller does not have to provide any documents. Essentially, there are no documents specifically related to the plot itself—only the land register where it is recorded.
What is mainly relevant are:
- Cadastral map
- Information on building encumbrances
- Contaminated site register
- Statements regarding utility connections
- Zoning plan, if available
However, all of these documents can be easily obtained by yourselves. The notary will also review various matters again—such as outstanding fees for utility connections or similar.
In general, people don’t buy land often enough to have much experience.
Classified ads nowadays are not really “private”: they include all listings from major portals, including commercial ones.
If a property is advertised “only there,” I would be rather skeptical, even if that suspicion is unfounded: an uninformed seller might be offering “building land” to buyers who start building a house without knowing that the meadow in an outlying area is not buildable and private contracts don’t apply.
Documents: it is not the seller’s obligation to provide them. You can and should verify these yourself.
However, you can check the land register for data and documents related to the property. Since there is a notary agreement, I personally would have no concerns about a later purchase if everything checks out.
P.S. Classified ads and similar platforms can be hotbeds for scams. Listings are sometimes posted for properties that do not exist, with fraudsters demanding prepayments or deposits.
Classified ads nowadays are not really “private”: they include all listings from major portals, including commercial ones.
If a property is advertised “only there,” I would be rather skeptical, even if that suspicion is unfounded: an uninformed seller might be offering “building land” to buyers who start building a house without knowing that the meadow in an outlying area is not buildable and private contracts don’t apply.
Documents: it is not the seller’s obligation to provide them. You can and should verify these yourself.
However, you can check the land register for data and documents related to the property. Since there is a notary agreement, I personally would have no concerns about a later purchase if everything checks out.
P.S. Classified ads and similar platforms can be hotbeds for scams. Listings are sometimes posted for properties that do not exist, with fraudsters demanding prepayments or deposits.
Oh, these fragmented stories spread across multiple threads again – building a house is really a comprehensive project!
You want to, as a young couple planning children, first strain your household budget by selling two existing developed plots (one fully paid off) and buy a third plot. Paying taxes twice on capital gains from sales and once on property transfer tax sounds unwise at first glance. Then the new plot might still need connections to utilities or clearing of old structures – in a carnival setting, that would be called the next rocket stage. What do you think about summarizing the project in a third thread (linking to both older ones) so it can be discussed more holistically?
Buying a new plot would not be, in your situation, the very last resort but rather at best a “Plan B.” I would first examine both current plots and houses with these questions in mind:
1. How new or recent are the existing buildings based on the quality of their construction?
2. Do the plots offer a sufficient building area for an extension or larger new build?
Maybe the house that isn’t fully paid off is better suited for enlargement and just requires additional financing – that would still be a more efficient approach than the complicated alternative!
Show, as mentioned, preferably in a consolidation thread, using a partly “doubled” completed questionnaire https://www.hausbau-forum.de/threads/grundriss-planung-unbedingt-vor-beitrag-erstellung-lesen.11714/ for the two properties (let’s call them X and Y) – your current homes!
https://www.instagram.com/11antgmxde/
https://www.linkedin.com/company/bauen-jetzt/
JackSparrow777 schrieb:
Hello, we are a young couple recently starting to look for land. Occasionally, something interesting shows up on classified ads.
JackSparrow777 schrieb:
My partner and I want to build a house. Our situation is that we both currently live alone in small houses (we met afterwards). Now we want to move in together into a self-built, larger house, as we are also planning to have children.
JackSparrow777 schrieb:
One house is fully paid off, the other is not...
You want to, as a young couple planning children, first strain your household budget by selling two existing developed plots (one fully paid off) and buy a third plot. Paying taxes twice on capital gains from sales and once on property transfer tax sounds unwise at first glance. Then the new plot might still need connections to utilities or clearing of old structures – in a carnival setting, that would be called the next rocket stage. What do you think about summarizing the project in a third thread (linking to both older ones) so it can be discussed more holistically?
Buying a new plot would not be, in your situation, the very last resort but rather at best a “Plan B.” I would first examine both current plots and houses with these questions in mind:
1. How new or recent are the existing buildings based on the quality of their construction?
2. Do the plots offer a sufficient building area for an extension or larger new build?
Maybe the house that isn’t fully paid off is better suited for enlargement and just requires additional financing – that would still be a more efficient approach than the complicated alternative!
Show, as mentioned, preferably in a consolidation thread, using a partly “doubled” completed questionnaire https://www.hausbau-forum.de/threads/grundriss-planung-unbedingt-vor-beitrag-erstellung-lesen.11714/ for the two properties (let’s call them X and Y) – your current homes!
https://www.instagram.com/11antgmxde/
https://www.linkedin.com/company/bauen-jetzt/
11ant schrieb:
Being taxed twice on capital gains and paying property transfer tax once, 11ant schrieb:
Then possibly having to develop the new plot or clear it of existing structures – Just ask first before making assumptions. It’s always the same! … it may be true, but it’s rude to rush past the OP like that every time…
11ant schrieb:
during the applause at a carnival session … before once again disempowering the OP with phrases.