Subdivision Plan – The subdivision plan is a stamped construction drawing that provides information about the building’s layout, location and size. Further reading: Lukinski Blog. These drawings of floor plans, sections and elevations are all necessary representations of the building to be subdivided. In addition to the division of the building by the floor plans, […]
Real estate prices – How does the price of a property actually come about? Is it made up of several components and if so, which ones? What influences the price of real estate? Whether for a house or an apartment, we have explained the factors influencing a property price for you. There are various factors […]
Conveyance notice (land register) – The conveyance notice refers to the agreement that the ownership of a property is to be transferred from the seller to the purchaser of the property and that this transfer of ownership is to be executed in the land register. Our guide: selling tips. Due to the conditional immediate reaction […]
Real estate news – We had only in this week our large special to the topic: Flat inspection. Also the Süddeutsche newspaper concerns itself today with the topic. More precisely, it is about moving into the new apartment or the new dream house. Low interest rates are currently causing rents and purchase prices to rise. […]
Conveyance (land register) – Conveyance is the agreement of the buyer and seller that ownership of the property is to be transferred to the purchaser and the transfer of ownership is to be executed in the land register. Tips: selling guide. Only with the conveyance and the completed entry in the land register does the […]
The duty of disclosure obliges sellers and real estate agents to voluntarily reveal to the buyer all value-affecting and decision-making aspects of a property — from hidden defects to ongoing legal disputes up to economic risks such as special levies. If the seller breaches this duty in bad faith, the buyer can still challenge the […]
Insolvency – Insolvency reveals the insolvency or threatened insolvency of a person. Visit home page. One speaks of insolvency when the debtor cannot meet 90% of his obligations within 4 weeks. If this is the case, insolvency proceedings are opened. In these proceedings, the debtor’s assets are liquidated by an insolvency administrator and the proceeds […]
Compulsory auction – Your goal is to acquire a property as cheaply as possible? You would like to participate in a forced sale, but you always lack the information when and where a forced sale takes place? Put an end to it! Foreclosure auctions – How you can always be part of it We at […]
Sole heir – The sole heir is the one who receives the entire estate of a deceased person. Tips: sell your property. However, if there are several legal heirs, the heir becomes the sole heir if he is expressly mentioned as the only one in the will. The acceptance of the inheritance is also accompanied […]
Sole ownership – Sole ownership is the right of the owner of a certain object or piece of land to determine this thing alone. More terms in our property glossary. In the case of real estate, ownership is determined by which owner is registered in the land register. The sole owner of a property has […]
Department (land register) – The land register is composed of three departments. In section I the personal data of a person are registered. If there are several owners, they must all agree to the sale by having the purchase contract notarised. In section II, all encumbrances on the property are noted, with the exception of […]
Foreclosure Procedure – Property owners, like any other person, have expenses and obligations that they must meet and pay. If a property owner is insolvent and cannot pay certain debts, it may happen that a foreclosure sale of a property takes place. Such a proceeding is initiated by the creditor in the appropriate county court. […]
