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Decree on Property Transfers in Reich Imposes New Difficulties for Jews

February 21, 1940
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The German Reichsgesetzblatt has published a new supplementary decree concerning regulations for transfer of Jewish property.

Permission for sale of Jewish property can be given only on condition that the purchaser pay a certain amount to the Treasury. The authorities are also authorized to reduce the agreed sale price. The seller is not allowed to cancel the agreement because of the imposition of such conditions nor is any clause legally valid which provides that the sale is effective only if no official conditions are imposed.

Conditions may be imposed retroactively, applying to sales agreed upon before promulgation of the decree if the property transfer has not yet actually been carried out.

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