Property Deed — 6 Pages
Property Deed
123 Park Avenue, New York
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Property Deed
Document No.: EU-BMH-2026-0017
Issue Date: September 7, 2026
Land Registry Ref.: BM-GBB-97980-0517

Certificate of Property Ownership

Real Estate Purchase Agreement with Conditional Title Transfer

EU-BMH-2026-0017 • LAND REGISTRY BAD MERGENTHEIM
§1
Contracting Parties
Seller
Cornerstone Homes LLC
123 Park Avenue, New York, USA
Commercial Register: HRB 20261847
Represented by: Management Board
Buyer
Mr. & Mrs. Karl Elfriede
Property Purchaser
Bad Mergentheim, Baden-Württemberg
Germany
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Property Deed
§2
Subject of Contract — Property
Subject Property
Property NameContemporary Bungalow Residence
TypeBungalow / Single Family Home
StreetAm Weihergraben 5
Postal Code / City97980 Bad Mergentheim
StateBaden-Württemberg
CountryGermany
Year Built2022
Living Areaapprox. 160 m² (1,720 sq ft)
Plot Sizeapprox. 580 m²
Rooms4 Bedrooms, 2 Bathrooms
Land Registry Data
District CourtBad Mergentheim
Land Registry ofBad Mergentheim
Registry FolioFolio 5170
Cadastral DistrictBad Mergentheim
Section3
Parcel287/4
Priority Notice of TransferRegistered on 08/28/2026
Encumbrances / LiensNone
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Property Deed
§3
Purchase Price & Payment Summary
The agreed purchase price for the property described in §2 is €185,000.00 (one hundred and eighty-five thousand Euros). Below is the current payment status as of the date this document was issued.
Description Date Status Amount
Installment 1 — Wire Transfer (SEPA) 08/28/2026 Received €5,000.00
Installment 2 — Cash Mailing 08/31/2026 Received €40,000.00
Installment 3 — Wire Transfer (SEPA) 09/01/2026 Received €20,000.00
Installment 4 — Wire Transfer 09/05/2026 Received €5,000.00
Total Payments Received €70,000.00
Total Amount Paid
€70,000.00
Outstanding Balance
€115,000.00
Payment Progress 37.84%
€70,000.00Paid
€115,000.00Outstanding
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Property Deed
Payment Deadline: The outstanding balance of €115,000.00 must be paid in full to the escrow account of Cornerstone Homes LLC no later than September 20, 2026. Upon receipt of the full purchase price, the final title transfer will be recorded in the Land Registry.
§4
Transfer of Ownership
Conditional Transfer of Title
A priority notice of conveyance in favor of Mr. & Mrs. Karl Elfriede was registered in the Land Registry of the District Court of Bad Mergentheim on August 28, 2026. The final title transfer will be executed upon full payment of the purchase price of €185,000.00. Upon payment and registration, the buyer shall receive unrestricted ownership of the property including all rights and appurtenances.
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Property Deed
§5
Rights & Obligations
Clear Title: The property is conveyed free of all liens, mortgages, and encumbrances. No third-party rights exist on the subject property.
Property Transfer Tax: The real estate transfer tax at a rate of 5.0% (Baden-Württemberg) shall be borne by the buyer and is due upon receipt of the tax assessment.
Notary & Registry Fees: Costs of notarization and land registry recording shall be borne by the buyer in accordance with statutory provisions.
Transfer of Possession: Possession, use, and liabilities of the property shall pass to the buyer upon full payment of the purchase price. Key handover takes place on the day of title transfer.
Property Condition: The property is sold in its inspected condition. The seller warrants that no hidden defects are known.
Right of Withdrawal: Should the outstanding balance not be received by September 20, 2026, the seller reserves the right to withdraw from the contract.
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Property Deed
§6
Signatures
Both parties confirm that they have read and understood the contents of this document and agree in full to the terms and conditions set forth herein.
Seller
Cornerstone Homes LLC
Represented by Management Board
Place, Date: New York, September 7, 2026
Buyer
Mr. & Mrs. Karl Elfriede
Purchaser
Place, Date: Bad Mergentheim, September 7, 2026
Notarial Certification
Notary Office Bad Mergentheim
District Court of Bad Mergentheim
Deed Roll No. UR-2026/4817
Certified on August 28, 2026
Notary Seal
Bad Mergentheim
2026
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