Official site plan – The official site plan describes the building plot with any existing building encumbrances and shows the outline of the building project. Explore Lukinski.com. As a builder, you not only need a building permit and a cadastral map, but also the official site plan. The preparation of the site plan is carried […]
Building plot – A building plot is an area free of buildings, which can be used for construction according to public law regulations. A property is considered to be a building plot if, on the one hand, it is defined in the development plan as an area in which building can take place and, on […]
Building Code – The Building Code is the most important code with regard to building planning law and is defined in four chapters. The provisions contained therein have a major impact on the shape, structure and development of the settled area due to the urban planning instruments available. Stay informed: industry news. The Building Code […]
Local authority contributions – Local authority contributions are levied by the municipalities and cover the cost of constructing public facilities, roads and paths. These include, among other things, the development costs for the connection to the public supply network for electricity, gas, water and sewage. Latest from the market: property news. As a builder, you […]
Offer price – The offer price is the price demanded by the offeror for an object. This is a theoretical value of an object which is determined by a special expert. By the expert determination the correct offer price can become in the procedure of the sales the best price and later the selling price. […]
Altlastenauskunft – The Altlastenauskunft refers to the buildability of a property in connection with the soil changes due to old deposits. If the soil statics need to be adjusted or the fill material removed, this can be very costly. In order to avoid this, it is advisable to obtain a contaminated site report from the […]
Compulsory administration – If, at the request of a creditor, the local court orders compulsory administration of a property, the creditor is given access to the income from this property. The difference to a forced sale is that the creditor is not satisfied by the substance of the property, but by the current income from […]
Action for annulment – By means of an action for annulment, a condominium owner may challenge a resolution of the condominium owners’ meeting and have it declared invalid by the court. More on back to overview. The special feature of this action is that it directly changes the legal situation due to the elimination of […]
Add-on wall – The add-on wall is attached to the neighbour’s wall. Due to the extension to the neighbour’s wall, the neighbour’s consent is required. By crossing the border to the neighbouring property, the neighbour is allowed to use the wall for his own constructional measures and entitles him to build his own extension. More […]
The rent including utilities is the total rent that a tenant pays monthly to the landlord — consisting of the cold rent (pure compensation for the use of the living space) plus the warm operating costs for heating and hot water. It is therefore the amount that actually comes off the account, but not the […]
The fraudulent misrepresentation in real estate purchase is one of the few levers that a buyer can use to reclaim, reduce the purchase price, or rescind the contract — even after notarization and handover — even if the contract contains a complete exclusion of warranty. That is exactly why it is the buyer’s sharpest weapon […]
Drywall – Drywall is the term used to describe the parts inside a building that are not made of concrete or stone, nor are they part of the load-bearing elements of the building. See our property glossary. Thus, drywall construction is a method of construction in which the walls or floors are built or covered […]
