Equitable Distribution – Equitable distribution is the equal division of the acquired equity during a marriage, in the case of a divorce. What happens with the real estate in the case of a separation: Divorce and House. The equitable distribution can be claimed from the spouse who gained less wealth during the marriage. More about […]
Planning a garden – a well-kept garden is not only a place of relaxation, but for premium real estate, it is one of the largest value levers of all. Studies show: A professionally designed outdoor area can increase the market value of a house by 5 to 15 percent – for a villa priced at […]
Local authority contributions – Local authority contributions are levied by the municipalities and cover the cost of constructing public facilities, roads and paths. These include, among other things, the development costs for the connection to the public supply network for electricity, gas, water and sewage. Latest from the market: property news. As a builder, you […]
Offer price – The offer price is the price demanded by the offeror for an object. This is a theoretical value of an object which is determined by a special expert. By the expert determination the correct offer price can become in the procedure of the sales the best price and later the selling price. […]
Selling property in Munich – More and more people want to live in the Bavarian metropolis. The proximity to the Alps and the neighboring country Austria make Munich very attractive and also the individual districts have so much to offer. While Lehel and the Old Town convince with their historical charm, the residential areas of […]
Profession: real estate agent – some knew it when they were still in elementary school, and others do not know it yet, when they have already graduated from school and are about to enter the professional life. Choosing a career turns out to be an extremely difficult task for many. This is also no wonder, […]
Altlastenauskunft – The Altlastenauskunft refers to the buildability of a property in connection with the soil changes due to old deposits. If the soil statics need to be adjusted or the fill material removed, this can be very costly. In order to avoid this, it is advisable to obtain a contaminated site report from the […]
Decrease in age value – Decrease in age value refers to the total useful life of a property in connection with the market value. More on Lukinski. If the remaining life of a property is shortened, a reduction in age value is taken into account. Factors to be considered are, for example, construction defects or […]
Compulsory administration – If, at the request of a creditor, the local court orders compulsory administration of a property, the creditor is given access to the income from this property. The difference to a forced sale is that the creditor is not satisfied by the substance of the property, but by the current income from […]
Action for annulment – By means of an action for annulment, a condominium owner may challenge a resolution of the condominium owners’ meeting and have it declared invalid by the court. More on back to overview. The special feature of this action is that it directly changes the legal situation due to the elimination of […]
Add-on wall – The add-on wall is attached to the neighbour’s wall. Due to the extension to the neighbour’s wall, the neighbour’s consent is required. By crossing the border to the neighbouring property, the neighbour is allowed to use the wall for his own constructional measures and entitles him to build his own extension. More […]
Landlord certificate, landlord confirmation – If you move into an apartment or a house, the so-called landlord certificate is always an important issue that should be considered to avoid unnecessary costs. How profitable is renting? See our rental yield calculator. It was introduced due to a large number of so-called bogus adresses, which were often […]
