Law 3101A/B Study Guide - Quiz Guide: Surety, Hire Purchase, Life Insurance
Document Summary
Types of formalities : made by notarial deed : Required in germany, france, netherlands : notarial deed. Notarial deed : (1) drafted by notary + (2) signed by parties + (3) notary establishes the parties" intention after they have been made aware of the legal consequences. Notary : full-time legal professional licensed by the state to draft and record legal doc. Germany: need of notarial deed section 518 bgb. Germany: needs notarial deed : section 873 bgb. Germany : needs notarial deed : section 1410 bgb. Germany : needs notarial deed : section 23. We notice that notarial deeds are only required for specific contracts that we do not do on a daily basis. Transfer of land + immovables requires a notarial deed, as it is for some people their most expensive transcations. 1583 cc) transfer of ownership at the conclusion of the contract, deed not required for the contract. 3:89) notarial deed for transfer of ownership of immovables.
