Detailed description
You can have the property registers closed again if all property ownership rights have been combined in your person, i.e. if you are the owner of all the apartments.
It is irrelevant whether you
- have purchased all condominium rights.
- who have inherited the property ownership rights.
- who bought them at the foreclosure auction.
You can also reverse the division if you have always remained the owner of all property rights after a division into condominiums.
An application is required for this.
When the condominium land registers are closed, a new land register sheet is created for the property. Any encumbrances such as mortgages or land charges for all condominium rights with a universal right continue to apply to the undivided property. Individual encumbrances are also taken over if necessary. The encumbrances are therefore transferred to the new land register sheet to be created.