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Real Estate Contract Addendum for Germany

Real Estate Contract Addendum Template for Germany

A Real Estate Contract Addendum under German law is a formal legal document that modifies or supplements an existing real estate contract. Subject to German property law requirements, particularly the German Civil Code (BGB) and the German Notarisation Act, this document must be notarized and precisely detail any changes to the original agreement. It can address modifications to purchase price, property description, closing dates, or other material terms while ensuring compliance with German real estate regulations and land registry requirements.

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What is a Real Estate Contract Addendum?

The Real Estate Contract Addendum is utilized in German property transactions when parties need to modify terms of an existing real estate contract. Common scenarios include adjusting the purchase price, extending closing dates, modifying property descriptions, or updating conditions precedent. This document must comply with strict German legal requirements, including mandatory notarization under the Beurkundungsgesetz (German Notarisation Act) and registration with the land registry where applicable. The addendum becomes an integral part of the original contract and must be drafted with the same level of precision and formality as the main agreement. It's particularly important in German real estate transactions due to the formal nature of property law and the need for clear documentation of any changes to protect all parties' interests.

What sections should be included in a Real Estate Contract Addendum?

1. Parties: Identification of the original contracting parties, including their full legal names, addresses, and registration details if applicable

2. Background: Reference to the original real estate contract, including its date and key details, and explanation of why this addendum is necessary

3. Definitions: Definitions of key terms used in the addendum, including any new terms not defined in the original agreement

4. Amendments to Original Contract: Specific modifications to the original contract, clearly referencing the sections being modified

5. Continuing Validity: Confirmation that all other terms of the original contract remain in full force and effect

6. Governing Law: Confirmation that German law governs the addendum, consistent with the original agreement

7. Execution: Formal execution block including space for signatures, dates, and notarization

What sections are optional to include in a Real Estate Contract Addendum?

1. Purchase Price Adjustment: Used when the addendum modifies the original purchase price or payment terms

2. Property Description Changes: Used when there are modifications to the property description or boundaries

3. Closing Date Modification: Used when changing the closing or completion date of the transaction

4. Condition Precedents: Used when adding or modifying conditions that must be met before closing

5. Due Diligence Extension: Used when modifying the due diligence period or requirements

6. Transfer of Rights: Used when there are changes in the assignment or transfer rights under the original contract

7. Energy Certificate Updates: Used when changes affect the energy efficiency status or requirements

What schedules should be included in a Real Estate Contract Addendum?

1. Modified Property Description: Detailed description of any changes to the property specifications, boundaries, or included items

2. Revised Payment Schedule: Updated payment terms or schedule if financial terms are modified

3. Due Diligence Documents: Any new or modified due diligence requirements or findings

4. Land Registry Documents: Updated land registry excerpts or documentation required for registration

5. Energy Certificate: Updated energy efficiency certificate if modifications affect energy status

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Germany

Publisher

Ƶ

Document Type

Amendment Agreement

Cost

Free to use
Relevant legal definitions




















Clauses




















Relevant Industries

Real Estate

Property Development

Construction

Banking & Finance

Legal Services

Property Management

Commercial Property

Residential Property

Urban Development

Property Investment

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Acquisitions

Investment

Contract Administration

Risk Management

Property Development

Transaction Management

Relevant Roles

Real Estate Lawyer

Property Manager

Real Estate Agent

Legal Counsel

Contract Manager

Property Developer

Real Estate Investment Manager

Compliance Officer

Real Estate Transaction Manager

Notary Public

Real Estate Portfolio Manager

Property Acquisition Manager

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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