Glossary

Use our Glossary to understand the different German mortgage terms and definitions

Grundbuch

Land Registration

Every property, be it a piece of land, a detached house or an apartment, has its own land register in Germany, which is kept at the responsible land registry office of the municipality. The land register is the certificate of ownership of the property. In addition to the ownership, it also indicates the rights of other institutions or persons. For example, the right of the electricity company to lay certain lines on the property. Each bank will also register the mortgage in the land register. This so-called land charge is the bank’s security for the property.