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Notice Of Intent To Sell Rental Property
"I need a Notice of Intent to Sell Rental Property for my residential apartment building in Berlin with 12 tenant units, planning to sell to a development company in March 2025, with specific mention of condominium conversion rights."
1. Sender Details: Full name and address of the current property owner/landlord
2. Recipient Details: Full name and address of the tenant(s)
3. Date: Date of the notice
4. Property Identification: Complete address and description of the rental property being sold
5. Notice of Intent: Clear statement of intention to sell the property
6. Right of First Refusal Notice: Information about the tenant's legal right of first refusal (Vorkaufsrecht)
7. Continuation of Lease: Confirmation that the existing lease agreement remains valid under § 566 BGB
8. Contact Information: Details for further communication and questions
9. Signature: Landlord's signature and printed name
1. Condominium Conversion Notice: Required if the property is being converted to condominiums, explaining the conversion process and additional tenant rights
2. Local Authority Requirements: Include if the property is in a special preservation area (Erhaltungsgebiet) or requires specific local authority notifications
3. Timeline of Sale: Optional information about the intended timeline for the sale process
4. Proposed Purchase Price: May be included if already determined and if relevant for the right of first refusal
5. Social Hardship Considerations: Reference to social clause protections if applicable to the specific situation
1. Property Documentation: Current land register extract (Grundbuchauszug) and property details
2. Existing Lease Agreement: Copy of the current rental contract for reference
3. Property Valuation: If available, professional valuation report or proposed sale price documentation
4. Local Authority Certificates: Any required certificates or permissions from local authorities
5. Right of First Refusal Form: Standard form for tenant to exercise or waive their right of first refusal
Authors
Real Estate
Property Management
Legal Services
Real Estate Development
Property Investment
Residential Housing
Commercial Property
Urban Development
Property Services
Legal
Real Estate Operations
Property Management
Compliance
Tenant Relations
Asset Management
Investment
Administration
Risk Management
Property Manager
Real Estate Attorney
Legal Counsel
Property Owner
Real Estate Agent
Compliance Officer
Housing Administrator
Tenant Relations Manager
Real Estate Investment Manager
Property Portfolio Manager
Legal Administrator
Real Estate Operations Manager
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