Apply for a certificate of approved depositary for the land registry
In some cases, as a capital management company (KVG) for an investment fund that has acquired real estate, you require a certificate of appointment of the depositary for submission to the land registry (land registry certificate).
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).
Online service
Melde- und Veröffentlichungsplattform (MVP Portal) der Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin)
Description
Use this service online
Payment methods
- SEPA transfer
Trust level
You need an electronic ID card with a PIN to use the service (trust level: high).
further information on the level of trust for online services
Identification
- electronic identification using national eID means – user name/password
Contact person
Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin)
Address
address
Haltestellen
- Haltestelle: Husarenstraße
Linie:- Straßenbahn: 61
address
Haltestellen
- Haltestelle: Husarenstraße
Linie:- Straßenbahn: 61
PO box address
Post office box 500154
60306 Frankfurt am Main
PO box address
Post office box 1253
53002 Bonn
Contact
fax: +49 228 4108-1550
telephone: +49 228 4108-0
e-mail: fitandproper@bafin.de
e-mail: poststelle@bafin.de
e-mail: qes-posteingang@bafin.de
Internet
Payment methods
The following payment method is possible: Transfer
Keywords
BaFin
Required documents
- informal application
- In case of representation: Power of attorney of the applicant KVG
Prerequisites
- The depositary has been approved by BaFin.
Basis for legal action
Legal remedy
There are no legal remedies available.
Procedure
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.
Deadlines
You must have the land registry certificate before entry in the land register.
Processing time
2 to 4 weeks (It usually takes between 2 and 4 weeks to process your application.)
Costs
Fee 202,00 EUR
Further Information
Area of validity
Germany-wide
Official approval
Officially approved by Federal Ministry of Finance (BMF) on 13.10.2023
Keywords
Verwahrstelle, KAGB, KVG, Grundbucheintrag, Grundbuchamt, Immobilienverkauf, Kapitalverwaltungsgesellschaft, Grundstücksveräußerung, Grundstückserwerb, AIF, Spezial-AIF, Immobilienkauf, Finanzaufsicht