> For the complete documentation index, see [llms.txt](https://help.immodio.app/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://help.immodio.app/en/anleitung/einnahmen-und-ausgaben/buchhaltung-erweiterung/10095500-notaranteil-unbebaute-grundstuecke.md). # Notary's share for undeveloped land Help on the Immodio entry item Notary share, undeveloped land.
You use this category for the **purchase-related notary costs on acquiring undeveloped land**, where you actually acquire exclusively **land and no existing building**. {% hint style="warning" %} The **complete purchase-related notary invoice** for the land acquisition is in principle posted here, as far as the notary costs actually concern the acquisition of the undeveloped land. {% endhint %} Where you buy an undeveloped building plot, for tax purposes you acquire exclusively: * **the land** On acquisition there is as yet no building share to which part of the purchase price or the associated notary costs would have to be allocated. Notary costs for the acquisition are in principle part of the incidental acquisition costs. With **undeveloped** land they are therefore attributed in full to the **land** acquired. {% hint style="info" %} Where you acquire developed land, you have to split the notary's costs accordingly between the land and the building part. You can find more information on this **here**. {% endhint %} #### **This category is for the complete notary share of the undeveloped land** With the **purchase price** of undeveloped land itself it already applies that it is posted in Immodio in full as follows: 1. The entire purchase price for the land is posted to the category → **"Purchase of undeveloped land"**. The same principle now applies to the associated purchase-related **notary costs**: 1. The entire **notary costs** attributable to the acquisition of the undeveloped land are posted to the category → **"Notary share, undeveloped land"**. #### **No split between land and building required** Where the notary's supply relates to the acquisition of land that is actually **undeveloped**, in principle **no split between land and building** has to be made. On acquisition there is as yet no building to which part of the incidental acquisition costs could relate. The complete purchase-related notary share is therefore attributed to the **land**. **Example: buying undeveloped land** You buy undeveloped land for: **€500,000** At the time of the acquisition there is **no building** on the land. For the purchase itself you therefore post **€500,000** to the category → **"Purchase of undeveloped land"** **Now the notary costs:** Purchase-related **notary costs** of **€5,000** now arise for the purchase Since exclusively undeveloped land was acquired, there is **no** split into a land share and a building share. The land share of the **notary costs** is therefore: **€5,000 × 100% = €5,000** You post this **€5,000** of notary costs **in full** to the category **"Notary share, undeveloped land"**. {% hint style="info" %} A share for the category **"Notary share, residential buildings, buildings for residential purposes (own land)"** does **not** arise in this case. {% endhint %} #### **Important: separate acquisition costs and financing costs** Notary fees for **securing a loan** do **not** belong to the acquisition costs of the undeveloped land. {% hint style="warning" %} Notary fees for securing a loan are attributed to the financing costs, that is to the **costs of obtaining finance**. {% endhint %} Notary costs for a **land charge or loan security** count as **costs of obtaining finance** and are **not** posted to the category **"Notary share, undeveloped land"** but to the category **"Costs of obtaining finance (for example valuation, notary and land registry fees)"**. #### **Why is there no split between land and building here?** With land that is actually undeveloped there is as yet **no building** at the time of acquisition. The purchase price and the purchase-related incidental acquisition costs therefore relate in full to the **land** at first. Land is not subject to wear and tear and is **not depreciated**. The notary costs attributable to the undeveloped land are therefore likewise not taken into account through building depreciation. #### **A building erected later does not change the original attribution** Where you erect a residential building later, after the land purchase, the original notary costs of the land purchase are **not** subsequently split between the **land** and the new **building**. **Example**: You first buy the undeveloped land and post: * **€500,000** to **"Purchase of undeveloped land"** * **€5,000** to **"Notary share, undeveloped land"** A year later you erect an apartment building on this land. The costs of the newly erected building are posted to the building or production cost categories provided for them. {% hint style="info" %} The original **€5,000 of notary costs from the land purchase remain attributed in full to the land**. {% endhint %} #### **Do not confuse it with the land share of developed land** This category is intended for the acquisition of **undeveloped land**. Where, by contrast, you buy land that is already developed, the general purchase-related notary invoice is in principle allocated according to the economic purchase price split. The following then applies: 1. The share of the notary costs attributable to **land** is posted to the category → **"Notary share, land"**. 2. The share of the notary costs attributable to the **residential building** is posted to the category → **"Notary share, residential buildings, buildings for residential purposes (own land)"**. {% hint style="info" %} With developed land the notary invoice may therefore **not** be posted to the category **"Notary share, undeveloped land"**. {% endhint %} #### **Note a garage or further assets** This category is intended for the case where exclusively **undeveloped land** is actually acquired. Where further assets to be treated independently are acquired together with the land, it has to be examined whether part of the incidental acquisition costs is attributable to those assets. The complete attribution of **100% of the notary costs** to the undeveloped land therefore applies only as far as the notary's supply actually concerns exclusively the acquisition of the undeveloped land. #### **Do not recover from the tenant** Notary costs of the land purchase are incidental acquisition costs of the owner and not running operating costs. The **"Recoverable in the operating cost statement"** switch therefore has to stay **disabled**.