Apply for a certificate of approved depositary for the land registry
Description
If you, as a capital management company (KVG), manage real estate for
- real estate special funds,
- domestic special alternative investment funds (special AIFs) with fixed investment conditions and
- closed-end public alternative investment funds (public AIFs)
you must have the responsible custodian entered in the land register or later provide evidence of its authorization to consent to a sale.
In order to be able to prove to the land registry that the depositary has been approved by the Federal Financial Supervisory Authority (BaFin), you need a land registry certificate. You can apply for this online from BaFin via the portal of the notification and publication platform (MVP Portal).
- The depositary has been approved by BaFin.
- informal application
- In case of representation: Power of attorney of the applicant KVG
Fee: 202,00 EURPayment in advance: no
You must have the land registry certificate before entry in the land register.
Processing Time: 2 - 4 WeeksIt usually takes between 2 and 4 weeks to process your application.
There are no legal remedies available.
You can apply for the land registry certificate informally via the MVP portal.
-
Log in to the MVP with your access data.
- If you do not yet have access: First register on the MVP.
- In your application, state the exact name of the investment fund and, if applicable, its previous names as well as the department responsible for supervision.
- Send the application to BaFin via the MVP portal.
- You will receive the certificate as a PDF file after review via the MVP portal.
Federal Ministry of Finance (BMF)
The text was automatically translated based on the German content.
