Tag Archive for: Defects

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. 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 the foreground. Concealment includes the […]

Business plan in ownerships

Business plan – The business plan informs the apartment and part owners about the costs and contributions to be made to the common property in the coming calendar year. The manager of a condominium is responsible for preparing the business plan. Due to the ongoing maintenance costs of the property, the manager is dependent on […]