Basement – A basement, also known as a souterrain, is an enclosed part of a building below ground level. Planning a build? See our building tips. Especially older houses have a basement. Originally used for storage of food, nowadays a storage space for the whole family. Basement at a glance: Underground storage room Underground space […]
Security Deposit – A security deposit is a set amount of money that a tenant must present to a landlord before the rental period begins. The amount of money is used to allow the landlord to repair any damage that may have occurred at the end of the lease term, or if lease obligations have […]
Chimney – A chimney is a colloquial term for a fireplace and its flue installed in a building. More terms in our all terms. This fireplace must be regularly inspected by a chimney sweep. As a rule, the value of a property increases when a fireplace is present. Fireplace at a glance: Built-in fireplace in […]
Elevator – The elevator is nowadays a common means of transportation between the individual floors of a building and increases the value of the property. Especially in the current development regarding barrier-free living, the elevator is an important component. Latest from the market: industry news. A lift system must be regularly maintained and inspected by […]
Asbestos – Asbestos is a mineral fibre material that used to be frequently used in wall or ceiling cladding in buildings. As asbestos poses a high risk to health if it becomes airborne, for example during home renovation or refurbishment, it is no longer used in the construction of properties in Germany today. In the […]
Architect – The supervision of a building project, starting with the planning of the new construction or reconstruction and the ongoing management or supervision of a property, is the responsibility of the architect. More on construction: property construction. Normally, the architect is also the contact person for questions from the client or owner. The fees […]
Study – A study is defined as a workplace in the private household. The regulations regarding the financing of a workroom have become significantly stricter or limited in recent years. In order to find out who can claim which costs for tax purposes, the opinion of a tax advisor should be sought. See also: financial […]
Abutters – Abutters are all property owners whose property borders on public land or other properties. Every adjacent owner has precisely defined obligations and rights, especially when it comes to securing and developing the property. In case of non-observance of these duties, the affected abutting owner is liable, e.g. in case of neglect of the […]
Alternative energy – Alternative energy is the generation of energy with inexhaustible or quickly reproducible means. Some very well-known examples are solar energy, wood heating, geothermal energy or biogas. In the normal real estate trade alternative energies have a small relevance. If you get the electricity or the energy from the green energy provider, alternative […]
Old building – An old building is a colloquial term for real estate that was built in 1950 or earlier. There is no fixed definition for the term in the housing industry. A refurbished old building is a very high-quality and valuable investment, which are very sought-after residential properties in the inner districts of large […]
Alarm system – An alarm system is a system for securing one’s own property, it is mostly used in high-end private properties but also in business and commercial properties. The systems of the individual alarm systems are very different. Explore Lukinski. Some of them are in direct connection with the police and send an immediate, […]
Selling property in Altstadt – This part of Düsseldorf, together with the districts of Golzheim, Carlstadt and Oberkassel, is on the list of the most attractive places to live in the city! Would you like to sell your apartment, your property or your apartment building in the historic Altstadt? With our tips on selling real […]
