Lawyers settle any legal issues in a wide variety of areas. A specialist lawyer for real estate is an expert in legal issues around the topic, real estate, condominium, house and land. What you need to know about a real estate lawyer, learn from us!
Specialist lawyer for real estate: house, condominium and land
Since the field of real estate law is very extensive, it is considered a separate specialty. Lawyers can further their education within this field and acquire explicit subject-related knowledge. Such specialist lawyers are particularly popular in legal disputes involving specific regulations from the particular field.
Definition – What does real estate law mean?
Real estate law deals with all legal issues relating to real estate. However, the law does not use the term real estate law, as many different areas of law are affected by real estate law.
The legal framework commonly referred to as real estate law can be divided into three areas. The first area is land law, which governs the ownership of land. This includes the purchase, sale and management of land and everything on or under it. The second area is the heritable building right. This defines the framework to be able to purchase or build a property without buying the associated land. The buyer does not have to pay the full price for the land, but only pays a previously agreed ground rent. The maximum duration of such a ground lease is 99 years, but an extension is usually possible. The last relevant area of real estate law is residential property law. This regulates the ownership of an apartment. The ownership of a flat obliges the owner to become a member of the respective condominium owners’ association. All residents must abide by the community rules and structural projects can only be decided unanimously. The declaration of division of the condominium association regulates the exact ownership conditions and should always be looked through in detail before buying a condominium, preferably with an expert, to be sure how details are regulated.
Land law – ownership of land
Heritable building right – Separate ownership of a property
Residential property law – ownership of an apartment
What exactly does a specialist lawyer for real estate law do?
If you want to hire a specialist lawyer as an expert for your own legal advice, you first need to know which areas of law are covered by the respective law firm. Therefore, the first big question is: What does a lawyer with a focus on land and real estate law do?
Review of experts for land and real estate contracts
Participation and representation in the conclusion of contracts (before, during and after)
In the case of project development, contract management can be taken over on request
The handling of purchase price and warranty claims
Extensive control of warranty and limitation periods in real estate transactions
Due Diligence Reviews
Authority Representation
Examination and clarification of neighbouring conditions
Conducting independent evidence proceedings and litigation
Recommendation for specialist lawyers in the Hanau area?
More good recommendations in Darmstadt and surroundings.
Book tips real estate law – from BGB to expert tip
Real estate law can be found in a wide variety of legal books. The BGB (German Civil Code) contains some important passages, but also other legal books, such as the Beurkundungsgesetz (BeurkG) are used in the field of real estate law.
Real estate disputes: Rising legal cases
Based on the figures of the Federal Statistical Office, one can see very well that lawyers are currently booming. Especially since 2014, the number of cases has been increasing and thus, of course, the costs for legal advice.
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