Regulatory background

AuthorPinkel, Tobias
Pages9-19
Consum er mar ket stud y on the fun ctio ning of the r eal estate servi ces for consum ers in the EU Coun try FicheGermany
9
1.Regulat orybackgrou nd
1.1Lev el of regulat ion in the country
Ta ble 1: L eve l o f r egu lat ion
De scri be the le vel of re gula tio n
Sou
Re al est ate t ran sact ion s2
Stri ctly regulated
Not arisat ion r equi rem ent for every real pro pert y transa ctio n
Regi strat ion requ irem ents
Num eru s cla usus for r ight s in real proper ty
No ta ry syst em ( or la wy er/conv eyan cer syst em ) 4
Not ary system , st rictl y r egul ated
Pro
Not
Fee
2E.g. lim itat ion s or proh ibit ions o f cer tain tr ansact ions; sp ecific form alit y r equi reme ntsetc.
3Cf. wit h f urt her ref eren ces Schmid/Pinkel(2 009 ), Hans e Law Revi ew, 129 -161.
4Only in coun tri es wh ere nota ries do n ot e xist or donot ha ve a mon opoly on conv eyan cing.
5Cf. e.g. Roth( 2015 ), EuZW 734-739; Ot t ( 200 1).
6Cf. e.g. Pinkel/Schmid( 201 1), Han seLR, 77-15 1, 124 et seq. ; Schmid/Pinkel( 2011 ), NJW, 2 928 -293 1; Hamacher( 2011 ), Anw Bl 91 3-91 7; Ritter(2 011 ), EuZW 707 -710.
7See BGH j udge ment of 4 Ma rch 2013 , BGH Z 19 6, 2 71-284a nd B GH j udge men t of 20 July 20 15, NJW 2 015 , 3 034 -3039.
8See BVerf G ju dgm ent of 19 June 2012, NJW 2 012 , 2 639 -2644.
9Cf. e.g. Roth( 2015 ), EuZW 734-739; Geimer(2 013) , N JW 2 625-2828.

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