Advantages of notarized powers of attorney - notary advises and ensures legally compliant wording

Westphalian Chamber of Notaries. Consumers often assume that a power of attorney must be certified or notarized by a notary in order to be valid. However, although powers of attorney are valid for many purposes without any formal requirements, a notarized power of attorney has numerous advantages. If it is a power of attorney for health care, with which provision is made for a sudden incapacity and a...

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The electronic certificate of attendance – a major step toward fully digital notarial services

In May of this year, the government published a draft bill introducing electronic notarization in person. Since 2022, it has been possible to create electronic records as part of online notarial procedures, and in the future, this option will also be available for in-person procedures, i.e., when the parties are present at the notary's office. This will close gaps in digitization, avoid media breaks, and...

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Most popular legal form for start-ups – How to set up a limited liability company quickly and easily

The limited liability company, or GmbH for short, is the most common legal form for start-ups in Germany. This is due to the many advantages it offers founders: The GmbH legal form is considered trustworthy and is internationally recognized, which makes it easier to find business partners and investors. It is suitable for companies of all sizes whose business area also...

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Leasehold - an alternative way to owning your own home?

High land prices and limited building land in metropolitan areas present many people with the challenge of realizing their dream of owning their own home. Heritable building rights, colloquially known as "leaseholds", offer an interesting alternative: they allow you to build or buy your own home without having to purchase the often expensive land. This can significantly reduce the financial hurdles...

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Results of the practical check confirm the central role of notaries in the formation of companies and associations

The Federal Chamber of Notaries welcomes the results of the Federal Ministry of Justice's practical check on processes requiring notarization in association and GmbH law (https://www.bmj.de/SharedDocs/Publikationen/DE/Fachpublikationen/2024_Ergebnisse_Praxischeck_Vereins_GmbH_Recht.html?nn=110490). "The report emphasizes the important role of notaries as a key figure in reducing bureaucratic hurdles for start-ups and proposes that they be established as a central point of contact for the formation of GmbHs and the registration of associations....

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Safe! Working in the notary's office - information campaign launched by the Federal Chamber of Notaries to recruit young talent

Berlin, October 8, 2024 - Good and committed trainees are needed in all sectors. "Training in a notary's office is demanding, and many students are still unfamiliar with it. We want to change that," explains Dr. Milan Bayram, press spokesman for the Federal Chamber of Notaries, on the launch of the "arbeiten-im-notariat.de" website. This is intended as a central information platform on the topics of training and...

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Turning down an inheritance - consider the consequences!

There are many reasons why it can make sense to waive an inheritance. For example, if the estate only consists of debts or if an heir does not want to become part of a disputed community of heirs. However, all parties involved must be careful if the waiver is intended to ensure that the inheritance goes to a specific person (alone). A difficult everyday topic It comes up in...

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Notaries of the future: digital, efficient and citizen-oriented

Anyone who thinks that pen and paper still dominate everyday office life in the notary's office is very much mistaken. Numerous projects make it clear: notaries are getting fit for the future. The modern notary's office already offers citizens the opportunity to set up companies online, for example. Communication with authorities is increasingly taking place digitally. Citizens are also being...

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More security for last wills: Official safekeeping and central register of wills

Schleswig-Holstein Chamber of Notaries. Unfortunately, it happens again and again that wills are not found or are only found years later. The Chamber of Notaries recommends that anyone who wants to make a will should play it safe and place it in official safekeeping. This means that the will will inevitably be recorded in the Central Register of Wills of the Federal Chamber of Notaries. With a notary...

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Notarial online procedures - simplified procedure for citizens

Since August 1, 2022, it has been possible to form a GmbH or a UG and register with the commercial register and other registers online. On August 1, 2023, the legislator extended the scope of notarial online procedures so that contributions in kind or premiums in kind in the GmbH formation process as well as unanimous shareholder resolutions on capital increases and other amendments to the articles of association can also be carried out in the virtual presence of the...

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