Document background
An Inter Vivos Deed is a fundamental legal instrument in German civil law used to document and effectuate transfers of rights, property, or assets between living persons. This document type is essential when formal documentation of a transfer is required, particularly for high-value transactions or real property transfers. The deed must be executed before a German notary and comply with the strict requirements of the Bürgerliches Gesetzbuch (BGB) and the German Notarization Act. It's commonly used in family wealth transfers, business restructuring, property transactions, and charitable donations. The document includes detailed identification of parties, precise description of transferred assets, warranties, and specific terms of transfer. Unlike a will or testament, an Inter Vivos Deed takes effect during the grantor's lifetime and generally cannot be revoked once executed.
