Tag Archive for: Administration

Trust account (notary) for the management of assets

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Fiduciary account (notary) – The special thing about a fiduciary account is that the holder of the account is not the owner of the assets in it. The holder is usually a notary or lawyer who manages the owner’s assets. A trust account is regularly required in particular for the sale of land and real […]

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Prior notice of conveyance (land register) as reservation of title to a property

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Conveyance notice (land register) – The conveyance notice refers to the agreement that the ownership of a property is to be transferred from the seller to the purchaser of the property and that this transfer of ownership is to be executed in the land register. Due to the conditional immediate reaction of the land register, […]

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