Tag Archive for: Business. City map

The Top 11 – Lamps & Light in Berlin

Lampen & Licht in Berlin – Do you finally have time for something you always wanted to do? If you have holidays and there is not enough money for a holiday, why not use the time to change something in your home? How about you? Are you completely satisfied? If the answer to that is […]

Prevent foreclosure: My house / apartment is being auctioned, what can I do about it?

Prevent foreclosure – You have debts? Are you in the unfortunate situation that now a creditor has also initiated a foreclosure sale of your property to pay off his debt claim? Don’t worry! If you act early enough and certain circumstances are present, you can prevent a foreclosure. Prevent foreclosures – The options As soon […]

Explainer video: Foreclosure briefly & concisely summarized

Foreclosure – Are you in the unfortunate situation that your house is being foreclosed and you would now like to find out how the whole thing works and how much time you still have in possession of your property? Or are you bargain hunting and want to prepare yourself accordingly and find out how a […]

Partition auction in community of heirs: procedure, costs and the last resort?

Partial auction in community of heirs – The partial auction is a special variant of the forced sale and is used when several persons have ownership of a thing. This often involves land or real estate that is auctioned off and the proceeds divided among the owners. This situation often occurs in communities of heirs […]

Compulsory mortgage as security mortgage

Compulsory mortgage – A compulsory mortgage is the registration of a mortgage in the land register in the course of a compulsory execution. A forced mortgage is also considered a security mortgage, but unlike a normal mortgage, it is not contractually agreed and is entered in the land register in the course of the foreclosure. […]

Compulsory auction: procedure, reasons, enforcement, requirements and risks

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. […]

Partial sale of an estate

Partition auction – If several people own a property and one owner refuses to sell the property, he or she can pursue a partition auction. This means that the local court orders the forced sale of the property upon request. Similarly, in the case of joint heirs, each co-heir has the right to apply for […]

Forced sale (real estate) to satisfy creditors

Forced sale (real estate) – The forced sale of real estate is understood to be the auctioning of the property to satisfy creditors. The initiation and execution of the compulsory auction is carried out by the competent district court and is announced publicly, usually in daily newspapers. A property may be put up for auction […]

Auction of a property: All important information

Auction – There is on the one hand the forced auction of a property or on the other hand the partition auction. A compulsory auction takes place when the owner can no longer pay the debts relating to the property. A partition auction takes place when the ownership of a property is divided among several […]