Economy & Stock Market Price

Current business news and stock quotes of important papers.

Special-purpose association for the joint performance of certain tasks

Special-purpose association – The special-purpose association is the merger of several municipalities or associations for the joint performance of certain tasks. Due to the restriction to certain administrative purposes, such an association is referred to as a “special-purpose association”. Who can become a member of a special-purpose association and which tasks the association performs is […]

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Assured property (real estate) on purchase and sale

Warranted Property (Real Estate) – A warranted property is a property feature that the seller warrants to the buyer. Tips: property selling. If, when buying the property, it turns out that this property does not exist, the seller is liable for damages. A property is deemed to be warranted if the seller expressly indicates to […]

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Underground parking as underground protection for the vehicle

Underground garage – The underground garage is a parking space for vehicles, which is located below ground level. Often there are underground garages in commercial properties or larger residential complexes, for special protection against the weather and theft. In older underground garages, however, you should be aware of the spacing of the vehicle parking spaces, […]

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