{"id":1708,"date":"2026-09-24T19:21:34","date_gmt":"2026-09-24T19:21:34","guid":{"rendered":"http:\/\/localhost:8888\/?p=1708"},"modified":"2026-09-24T19:21:34","modified_gmt":"2026-09-24T19:21:34","slug":"selling-inherited-property-with-co-heirs","status":"publish","type":"post","link":"https:\/\/immoerfolgssteigerer.de\/en\/selling-inherited-property-with-co-heirs\/","title":{"rendered":"Inherited property: How co-heirs can prepare for a sale"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><em>Illustrative image, created with AI.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Before discussing an asking price, everyone involved needs the same overview. Who belongs to the community of heirs, what condition is the house in, and what does each person want to achieve? A shared folder of documents and a clear division of tasks can help you answer these questions one by one.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">First, clarify who decides together<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">When several people inherit, the estate belongs to them jointly. German law requires joint action when disposing of a property in the estate. Organizing the sale does not, by itself, give one person authority to act on behalf of everyone else. Ask the notary who must take part and whether powers of attorney or an executor need to be considered. Sources: <a href=\"https:\/\/www.gesetze-im-internet.de\/bgb\/__2032.html\">section 2032 BGB<\/a> and <a href=\"https:\/\/www.gesetze-im-internet.de\/bgb\/__2040.html\">section 2040 BGB<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Gather any wills, inheritance contracts, records of the opening of wills and evidence of the line of succession. A newly requested certificate of inheritance is not always needed for the German land register: a public testamentary disposition together with the record of its opening may be enough. The land registry can ask for further evidence if these documents are insufficient. Clarify early with the notary which documents your case requires. Source: <a href=\"https:\/\/www.gesetze-im-internet.de\/gbo\/__35.html\">section 35 of the German Land Register Code (GBO)<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If someone has not yet decided whether to accept the inheritance, or if the estate&#8217;s debts are unclear, legal advice takes priority over planning a sale. The steps below assume that you can prepare the property together.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Look after the house and record responsibilities<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">There are tasks to handle even before you have a completed sales plan. If the house is empty, someone needs access to check its condition. If it is rented out, tenancy documents, contacts and ongoing matters need to be accessible. Make a list of each task, the person responsible, the deadline and the expected cost.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n\n<li>Who has the keys and checks the property?<\/li>\n\n\n<li>Which insurance policies, utility contracts, loans and regular payments are in place?<\/li>\n\n\n<li>Is there damp, damage or another urgent issue?<\/li>\n\n\n<li>Who collects invoices and keeps the others informed?<\/li>\n\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Not every management decision requires the same agreement as transferring ownership. Ordinary management has its own rules; under the statutory conditions, one co-heir may also take necessary preservation measures alone. If you disagree about a particular commission, obtain legal advice on whether it falls into that category. Sources: <a href=\"https:\/\/www.gesetze-im-internet.de\/bgb\/__2038.html\">section 2038 BGB<\/a> and <a href=\"https:\/\/www.gesetze-im-internet.de\/bgb\/__745.html\">section 745 BGB<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Create a shared folder of documents<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">You do not need every document to be complete before an initial conversation about selling. An honest overview is more useful than a seemingly perfect folder: what do you have, what is missing and who will obtain it? Start with these documents where available:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n\n<li>Documents establishing the succession and a current extract from the land register<\/li>\n\n\n<li>Floor plans, living area measurements and existing building documents<\/li>\n\n\n<li>Energy performance certificate and records of alterations and improvements<\/li>\n\n\n<li>Loan documents and details of any charges on the property<\/li>\n\n\n<li>Tenancy agreements and current rent details for rented properties<\/li>\n\n\n<li>For condominium apartments: declaration of division, service charge documents and minutes of owners&#8217; meetings<\/li>\n\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Add known defects and open questions, even if you have no invoice or drawing for them. Distinguish confirmed information from recollections. An estimated construction year for an extension should not accidentally appear as a verified fact in the property particulars.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Discuss goals before discussing the price<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A shared goal cannot be taken for granted. One person may want to sell while another would prefer to move in or buy out a share. First, write down the different wishes without judging them immediately.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Then agree on the questions that need answers. What timeline is realistic? What ongoing costs arise until then? Should anything be repaired before a sale? What information does each person need to agree to a decision? A brief shared record of the outcome helps avoid different memories of the conversation later.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Base the valuation and sales plan on the same facts<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">When requesting a market assessment, ask for the assumptions to be explained: condition, location, area, tenancy and any work needed. Everyone can then understand what supports a price recommendation. Compare proposals using the same information.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Keep three questions separate. What asking price seems sensible? Which costs and liabilities still need clarification? How will any eventual proceeds be divided? Depending on the circumstances, the latter two belong in legal or tax advice. A price recommendation does not answer them automatically.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Checklist for your first conversation together<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n\n<li>The people involved, contacts and any representatives have been identified.<\/li>\n\n\n<li>Available documents and missing information are listed separately.<\/li>\n\n\n<li>Urgent tasks and ongoing costs are known.<\/li>\n\n\n<li>Wishes concerning the sale, use of the property and timeline have been gathered.<\/li>\n\n\n<li>Open legal or tax questions have been noted for the appropriate professional adviser.<\/li>\n\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">If you are preparing to sell an inherited property in Hamm or the surrounding area, you can discuss the property, available documents and next marketing steps with Reher. Bring along questions on which the co-heirs have not yet reached a shared decision. <a href=\"https:\/\/immoerfolgssteigerer.de\/en\/contact-us\/\">Contact Reher<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"sources\">Sources<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Official German legislation on Gesetze im Internet:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n\n<li><a href=\"https:\/\/www.gesetze-im-internet.de\/bgb\/__2032.html\">Section 2032 BGB: Joint ownership of the estate<\/a><\/li>\n\n\n<li><a href=\"https:\/\/www.gesetze-im-internet.de\/bgb\/__2040.html\">Section 2040 BGB: Disposal of estate assets<\/a><\/li>\n\n\n<li><a href=\"https:\/\/www.gesetze-im-internet.de\/bgb\/__2038.html\">Section 2038 BGB: Management and preservation of the estate<\/a><\/li>\n\n\n<li><a href=\"https:\/\/www.gesetze-im-internet.de\/bgb\/__745.html\">Section 745 BGB: Management and use of jointly owned property<\/a><\/li>\n\n\n<li><a href=\"https:\/\/www.gesetze-im-internet.de\/gbo\/__35.html\">Section 35 GBO: Evidence of succession for the land register<\/a><\/li>\n\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Sources checked: 24 September 2026. This article offers general guidance on preparing a sale and does not replace legal or tax advice for an individual inheritance.<\/em><\/p>\n\n","protected":false},"excerpt":{"rendered":"<p>Who needs to decide, which documents are missing, and how can you agree on a way forward? A guide to the first steps before selling an inherited property.<\/p>\n","protected":false},"author":1,"featured_media":1707,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_reher_article_contact_variant":"sell","footnotes":""},"categories":[297],"tags":[],"class_list":["post-1708","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-guides"],"_links":{"self":[{"href":"https:\/\/immoerfolgssteigerer.de\/en\/wp-json\/wp\/v2\/posts\/1708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/immoerfolgssteigerer.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/immoerfolgssteigerer.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/immoerfolgssteigerer.de\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/immoerfolgssteigerer.de\/en\/wp-json\/wp\/v2\/comments?post=1708"}],"version-history":[{"count":0,"href":"https:\/\/immoerfolgssteigerer.de\/en\/wp-json\/wp\/v2\/posts\/1708\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/immoerfolgssteigerer.de\/en\/wp-json\/wp\/v2\/media\/1707"}],"wp:attachment":[{"href":"https:\/\/immoerfolgssteigerer.de\/en\/wp-json\/wp\/v2\/media?parent=1708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/immoerfolgssteigerer.de\/en\/wp-json\/wp\/v2\/categories?post=1708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/immoerfolgssteigerer.de\/en\/wp-json\/wp\/v2\/tags?post=1708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}