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Building file at the building authority

Building file at the building authority – When building applications are processed, the responsible clerk creates a building file at the building authority. Planning a build? See our building & renovation. This file contains all floor plans, documents, statics and building plans in connection with the building project. These documents are important for the granting […]

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Fraudulent concealment of factual circumstances

Malicious concealment – In the case of malicious concealment, the seller or broker is accused, among other things, of concealing defects in the property. Our guide: sell your property. If the seller or broker has a duty of disclosure but attempts to conceal the defects known to him, the accusation of fraudulent concealment is in […]

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Personal easement

Limited personal easement – If a limited personal easement is registered in the land register, it enables the person in whose favour the easement is registered to use the property in a certain way. More on Lukinski.com. The content of the easement should be agreed as specifically as possible in order to avoid ambiguities and […]

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Notary confirmation for the registration of the land charge

Notary’s confirmation – The notary’s confirmation is a written confirmation from the notary to the bank that the land charge will be entered in the correct order of priority and that no other applications stand in the way of this. The confirmation plays a significant role in the execution of real estate contracts, as it […]

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Partial ownership of rooms not used for residential purposes

Partial ownership – Partial ownership is the special ownership of rooms in a building that are not used for residential purposes. More inspiration: interior tips. This means that, unlike condominium ownership, it consists of commercially used units and accordingly cannot be used for residential purposes. If condominium ownership is to be converted into partial ownership, […]

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Submarket in the real estate sector

Submarket – In real estate, the market is divided into several submarkets. Latest from the market: latest news. These submarkets include residential, commercial, industrial, and specialty real estate. Each of these submarkets can be further subdivided. For example, the residential market can be divided into houses and apartments, which can then be further subdivided. It […]

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Index rent as variable base rent

Index rent – Index rent is a variable rent, which means that an agreed basic rent is changeable. It is therefore a written agreement where the rent may only refer to the consumer price index (CPI). Our financial tips helps. However, if the contract refers to any other index, it is invalid. Furthermore, the rent […]

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Use a right of way to get to one’s own property

Right of way – A right of way is the right to use accesses and paths that lead from a public road across another’s property to one’s own property. Visit back to overview. Taking the path over another’s property only serves the purpose of using it as a passageway or thoroughfare. The right of way […]

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Standard land value (Berlin) of undeveloped land

Standard land value (Berlin) – The standard land value refers to the land and the undeveloped property. Explore opportunities: Berlin property. This is the average site value in euros per square metre for the land in an area, taking into account the different development status. In Berlin, the standard land values from 1964 until today […]

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Maintenance obligation (WEG) of the building

Maintenance obligation (WEG) – Each condominium owner is obliged to maintain the parts of the building in his or her individual ownership. Details: building tips. For example, the ground floor owner must maintain the garden part located in his area. For the measure of the proper administration a maintenance reserve is accumulated, which is not […]

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