Register multiple owners in one unit

If a unit is jointly owned by several owners, this can be mapped in Immodio via a common participant.

To this end, the individual owners are first classified as separate participants of the type "Other". Then another participant is created that links these people together. This common participant can then be selected as the owner in the property.

Case A: Unity owned by a company

If the property is held by a company and the company acts as the owner or landlord, designate the company as a participant of the type "owner". You then enter the company as the owner in the basic data of the corresponding property. In Immodio, the deposited owner is the participant assigned to the property and acts as the landlord.

Immo-Liegenschaften-Beispiel GmbH

The individual shareholders must not additionally be deposited as their own owners in order to be assigned to the property.

For your internal documentation, you can also create the individual partners as participants of the type "Other" and link them in the "People" tab in the company acting as the owner. Further information can be found here.

Case B: Multi-owner unit

If the property is owned jointly by several people, e.g. in the case of co-ownership by fractions, you represent the owners for management in Immodio via a common participant. In the case of fractional ownership, ownership is legally vested in several persons according to their respective fractional shares.

In this case, create a common participant of type "Owner**Use a unique designation that indicates the community, for example:

Fractional community: M. Mustermann, E. Musterfrau, J. Example, S. Example

Then store this joint participant in the basic data of the unit as the owner.

You can also create the individual co-owners as participants of the type "Other" and link them in the joint owner under the "People" tab. In this way, the individual persons remain traceable for your documentation in Immodio. Further information can be found here.

Explanation of the procedure

1

Create individual owners as participants

Before several owners can be stored in the unit, the individual owners must be created under Participants.

To do this, first create the following participants, for example:

• Georg, Preuning

• Martha, Preuning

The two parties can be created as both "Owner" and "Other", this is not relevant for further processing. However, if further objects + units are created in which one of the participants is the sole owner, the creation of the participant type "Owner" is recommended.

2

Create a joint participant

After the individual owners/parties have been created, create another participant.

This participant can, for example, be given the name Bruchteilsgemeinschaft: G. Preuning + M. Preuning. It is used to store the several owners together as one owner in the property.

To do this, proceed as follows:

1. Open the menu item Participants.

2. Create a new participant.

3. For Type, select Owner as Company.

4. Enter the name of the fractional community chosen in this example: G. Preuning + M. Preuning.

5. Save the stakeholder.

3

Link people

Now open the newly created joint participant, e.g. Community of fractions: G. Preuning + M. Preuning

Navigate to the People tab. In this tab, links to other participants can be established.

Link the previously created owners here:

• Georg, Preuning

• Martha, Preuning

Then save your entries.

4

Registering a common owner in the unit

After the links have been established, the common participant in the unit can be selected as the owner.

To do this, follow these steps:

1. Open the desired unit.

2. Switch to the Basic data tab.

3. In the Owner field, select the previously created joint participant, e.g. Fractional community: G. Preuning + M. Preuning.

4. Save the unit.

This means that several owners are now deposited in the unit via a common participant and are referenced accordingly in the rental agreement.