Civil Law Partnership (Gesellschaft bürgerlichen Rechts)

Tthe partners of a German Civil Law Partnership (Gesellschaft bürgerlichen Rechts, GbR) mutually put themselves under a duty to promote the achievement of a common purpose (e.g. renting out a property) in the manner stipulated by the partnership agreement. See § 705 BGB. The partners are jointly liable with their private assets for obligations incurred by the partnership. A partnership (with external relations) can be registered in the German Civil Law Partnership Register (Gesellschafterregister) in which case it is referred to as "eingetragene GbR" or "eGbR". Upon the death of a partner the partnership is continued with the remaining partner and the "heirs" of the deceased partner are entitled to a compensation unless otherwise agreed in the partnership agreement. It can be agreed in the partnership agreement, that the heir or another person (e.g. the heir) steps in for the decedent.