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Deposit as rental security for tenant and landlord
in LawSecurity Deposit – A security deposit is a set amount of money that a tenant must present to a landlord before the rental period begins. The amount of money is used to allow the landlord to repair any damage that may have occurred at the end of the lease term, or if lease obligations have […]
Deposit as rental security for tenant and landlord
in Law, Real estateSecurity Deposit – A security deposit is a set amount of money that a tenant must present to a landlord before the rental period begins. The amount of money is used to allow the landlord to repair any damage that may have occurred at the end of the lease term, or if lease obligations have […]
Fireplace as an increase in the value of a property
in Law, Real estateChimney – A chimney is a colloquial term for a fireplace and its flue installed in a building. More terms in our all terms. This fireplace must be regularly inspected by a chimney sweep. As a rule, the value of a property increases when a fireplace is present. Fireplace at a glance: Built-in fireplace in […]
Elevator (Lexikon) as an important component of barrier-free living
in Law, Real estateElevator (Definition, Meaning) – An elevator is a commonly used means of transportation between the different floors of a building and increases the value of real estate. State support is explained in our article Funding for Real Estate. Especially in the current development regarding barrier-free living, the elevator is an important component. An elevator system […]
Asbestos is associated with costly safety regulations
in Law, Real estateAsbestos – Asbestos is a mineral fibre material that used to be frequently used in wall or ceiling cladding in buildings. As asbestos poses a high risk to health if it becomes airborne, for example during home renovation or refurbishment, it is no longer used in the construction of properties in Germany today. In the […]
Architect as supervisor of the construction project and contact person of the owner
in Law, Real estateArchitect – The supervision of a building project, starting with the planning of the new construction or reconstruction and the ongoing management or supervision of a property, is the responsibility of the architect. More on construction: property construction. Normally, the architect is also the contact person for questions from the client or owner. The fees […]
Home office (Lexicon) and the associated regulations
in Law, Real estateHome Office (Definition, Meaning) – A home office is defined as a workspace within a private household. The regulations regarding the financing of a home office have become significantly stricter or limited in recent years. In order to determine who can claim which costs for tax purposes, it is advisable to consult a tax advisor. […]
Residents as property owners with adjoining public areas
in Law, Real estateAbutters – Abutters are all property owners whose property borders on public land or other properties. Every adjacent owner has precisely defined obligations and rights, especially when it comes to securing and developing the property. In case of non-observance of these duties, the affected abutting owner is liable, e.g. in case of neglect of the […]