Default reserve (WEG) – The default reserve comes into effect in the event of the insolvency of a condominium owner if there is a risk that the owner will no longer be able to meet his financial obligations. In order not to endanger the entire community by the insolvency, this default reserve can be determined, […]
Consent requirement (sale WEG) – If it is agreed that a condominium owner may only sell his condominium if an administrator or another condominium owner agrees, this is a consent requirement. The reason for the consent requirement is that the condominium is interested in each owner being able to fulfil his obligations regarding the residential […]
Settlement of community of heirs – If a deceased person leaves several heirs and the division of the estate among the heirs is not consensual, the division is determined by law. See our property terms. Since the estate is a joint property, the co-heirs can only dispose of the inheritance jointly. If this joint disposition […]
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 […]
Duty of disclosure – The broker or seller has a duty of disclosure when selling a property. In general, this includes the personal details of the service provider, such as the address of the branch and the supervisory authority, any entry in the commercial register or general terms and conditions used. All definitions: real estate […]
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 […]
Selling real estate in Hamburg-Harvestehude – selling an apartment, a multi-family house or your own property. The genteel district of Harvestehude is in no way inferior to the other popular suburbs of Hamburg, such as Rotherbaum, Blankensee and Hafen City! Do you have an apartment building in Hamburg? And you want to sell it? Then […]
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 […]
