Community Property (Definition, Meaning) – If nothing else is agreed upon in a marriage contract, spouses or registered life partners live in a community property arrangement. In this case, the assets of the spouses are kept separate during the marriage, but they are combined and fairly divided upon divorce if a property adjustment is requested. […]
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The land-use plan of a plot of land determines whether your buildable land will become a villa, an apartment building, or just a garden house. It legally regulates the number of floors, roof type, floor area ratio (FAR), and type of use — and can change the market value of a plot by 30% to […]
Read more › Construction preparation power of attorney – The construction preparation power of attorney is the authorization that the seller transfers to the buyer to be able to start with preparatory work. The scope of the power of attorney should be described exactly and the risks for the buyer should be clearly delimited. As a rule, the […]
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Preliminary building application – In order to implement a building project, the consent of the municipality or a building permit is required, which can only be obtained through the preliminary building application. Through the preliminary building application, the builder can check which distance areas he must observe or whether exceptions or exemptions can be granted […]
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Maintenance measure (real estate) – Maintenance measures are measures which are necessary for the preservation of the existing building fabric. The measures include maintenance, inspection, repair and improvement. Our guide helps: property renovation. The objectives include preventing system failures, improving operational safety, reducing malfunctions, and planning ahead for costs. Typical maintenance measures are, for example, […]
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Building savings contract – The building savings contract is a way of financing real estate. More on financing: mortgage rates. This contract is invested with the building society and obliges the saver to save a fixed amount within a certain period of time. The agreed building society tariff determines, among other things, the interest rates, […]
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Selling property – Friedberg is located in the middle of the federal state of Hesse. Bordering municipalities to the north include Ober-Mörlen, Wölfersheim and the city of Bad Nauheim. To the south, Friedberg borders the community of Wöllstadt and the city of Rosbach vor der Höhe. To the east lie the towns of Florstadt and […]
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Balcony & Terrace: Decoration Ideas – Summer is just around the corner and spring cleaning begins in the city as well. Whether it’s the terraces in the suburbs or balconies in the city centre, everything needs to be spruced up and ready for summer. Whether new plants, new furniture or a complete redesign, the outdoor […]
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Structural alterations (WEG) – In the case of condominium owners’ associations, a structural alteration refers to certain construction measures and is to be assumed if it fulfils the following four points. It counts as a structural change if a construction measure is designed to be permanent, it is carried out after the condominium has come […]
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Official site plan – The official site plan describes the building plot with any existing building encumbrances and shows the outline of the building project. Explore Lukinski.com. As a builder, you not only need a building permit and a cadastral map, but also the official site plan. The preparation of the site plan is carried […]
Read more › Building plot – A building plot is an area free of buildings, which can be used for construction according to public law regulations. A property is considered to be a building plot if, on the one hand, it is defined in the development plan as an area in which building can take place and, on […]
Read more › Building Code – The Building Code is the most important code with regard to building planning law and is defined in four chapters. The provisions contained therein have a major impact on the shape, structure and development of the settled area due to the urban planning instruments available. Stay informed: industry news. The Building Code […]
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