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Intergenerational property law: using the example of home ownership

In: Research Handbook on European Property Law

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  • Tina Huber-Purtschert

Abstract

Intergenerational property – especially home ownership – is determined by the needs of testators and their heirs and also by the socio-political, lifespan, family structure, fortune, family and inheritance law, residential property price, financing and fiscal factors with which testators and heirs have to cope. It can be said that the needs and wishes of testators and beneficiaries of older people can be realised without any problems if large financial resources are available. However, especially if the financial means are not immeasurable and all the wealth is basically stored in one’s own house, it is necessary to consider alternative forms of home ownership and to examine their suitability for realising the needs of home ownership in old age. In order to avoid disputes among beneficiaries, it is above all advisable that testators discuss the passing on of the property with the beneficiaries early enough and possibly secure it contractually.

Suggested Citation

  • Tina Huber-Purtschert, 2024. "Intergenerational property law: using the example of home ownership," Chapters, in: Sjef van Erp & Katja Zimmermann (ed.), Research Handbook on European Property Law, chapter 18, pages 209-218, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:19702_18
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    File URL: https://www.elgaronline.com/doi/10.4337/9781839105845.00026
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    Law - Academic;

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