Sell the property or… rent it out?! Do what?!

Selling before, during or after the divorce is finalized.

Divorce Procedure

Divorce Process – Petition, Pension Equalization & Appointment – The process of a divorce depends significantly on whether it is contested or amicable. Consensual divorces can be final within minutes at the family court, while contested divorces often drag on for months.

• Divorce Procedure

Divorce: What happens to my property

Those who decide to get married and marry, in most cases, intend to spend life with their spouse forever and share everything that belongs to them. When getting married, no one thinks about the fact that there will eventually be a divorce and possibly even a dispute over belongings. But in 2017, the divorce rate in Germany was over 36 percent, which shows that unfortunately not all marriages last forever. Often cheating, daily life including routine or even financial problems are the reasons for divorce.

Questions, answers, tips and procedure for separation

When a divorce leads to a home sale, you should be well informed. Are you in the process of a divorce or would you like to file for one? Ideally, you have the opportunity to talk reasonably and objectively about the separation with the partner to be divorced? Then the question now becomes: who owns what? If you own a joint property such as a house, you should now ask yourself: who owns the house and how can this be divided after the divorce?

• Divorce: Sell property

Sell house fast

Selling a house quickly – Selling a house is a complex matter and involves many different steps. From the creation of an appealing advertisement to the valuation of the property and the subsequent legal steps, such as the purchase contract and the appointments with the notary. During all these steps, various points must be taken into account in order to complete the property sale as profitably and quickly as possible.

• Sell house fast

Renting and managing

Letting and managing in divorce.

Manage real estate despite separation

Separation pain – time for great happiness: marriage, children and a joint property. These are the dreams of many couples. But unfortunately, everything rarely works out the way you dreamed it would. It is not all too rare for life to throw a spanner in the works. Many people are devastated after a breakup and do not have the strength to even care about the division of the joint property. In such cases, it often makes sense to put the management of the joint property in the hands of an experienced real estate agent.

• Manage real estate despite separation

Rent out real estate

Important facts when renting out a house or apartment – Renting out a property can be a great side income, but it can also become your main job. Landlords have many responsibilities to the tenant and must take care of the property. However, if this is successful, a lot of profit can come from it.

How do I set the rental price correctly? How does my advertisement appear appealing? And how do I draw up a suitable and fair rental contract? All these questions are asked by a future landlord, because in order to successfuly rent out a property, a lot of expertise and experience is required. However, if you follow a few simple steps, you will make the leap to becoming a successful landlord and profit from the earnings.

• Rent out real estate

There is a lot to learn when it comes to renting. Take your time.

Law: Legal

Divorce legalities.

Divorce Law

Divorce law comes into play in the event of a divorce between spouses. This is regulated in §§ 1564 ff BGB (German Civil Code) and in § 111 FamFG (Law on Proceedings in Family Matters). Which regulations there are and how a divorce proceeds, you can find out now with us!

• Divorce Law

Divorce settlement

Divorce settlement agreement – If a divorce can no longer be avoided, it should at least be settled amicably between the two spouses. An amicable divorce is the easiest and most cost-effective for all parties involved. A divorce settlement agreement helps to make divorce by mutual consent as uncomplicated as possible and settles all the important issues relating to a divorce in advance. These usually include maintenance claims, the division of assets and custody of the joint children.

• Divorce settlement

Alimony, tax bracket, children

Divorce is no longer an exceptional situation these days. In 2017, around 38 percent of closed marriages divorced. In addition to the emotional roller coaster ride experienced by those affected, legal questions also tend to rob people of their sleep. What happens to the jointly acquired household goods? What about maintenance claims? What is to become of the joint house in which the couple lived together and wanted to grow old together?

• Alimony, tax bracket, children

Separation maintenance

It happens more often than you might think. After a few years of marriage, couples find that things are no longer working as they should and thoughts of separation come up. However, marriage is a big responsibility and separation can also have big legal and financial implications. So such a step should be well thought out and carefully planned. Good communication between the spouses is essential. The experts at Lukinski explain what you can expect when it comes to separation maintenance and how you can best deal with such a situation.

• Separation maintenance

Hardship divorce

A hardship divorce is a last resort. If there is such a valid reason for an immediate divorce without observing a separation year, it is possible to apply for a hardship divorce at a family court. However, these divorces are only the very last resort and are therefore the absolute exception.

• Hardship divorce

Name change

Change of name after divorce – Often, after a divorce, spouses wish to change their surname to bring closure to the divorce, or simply to resume their birth name. However, there are a few things to keep in mind when doing so, which are outlined in the Civil Code. To give you an overview of the most important facts, the experts at Lukinski explain the topic of name change after divorce in detail.

• Name change

Pension rights adjustment: pension after marriage

In most divorces, the equalisation of pensions must be carried out by the family courts. This regulates the entitlements and prospects of a pension due to old age or reduced earning capacity that the spouses have acquired during the marriage. Marriages of up to three years must apply for pension equalisation, all others can exclude it before the notary or structure it more closely.

• Pension rights adjustment

Pension entitlement

Pension entitlement after divorce – Those who want a divorce face many unanswered questions. One of them is the pension and how this is treated in the divorce. In this context, couples are confronted with the word pension equalization, which means nothing other than that the pension rights acquired during the marriage are divided between the spouses.

• Pension entitlement

Emotional

Emotional aspects of a breakup:

Separation with children

A separation involving joint children is a challenge for all concerned. Legal and organisational changes occur mainly for the parents, but the most important thing is probably the emotional burden and how the parents deal with these changes. Children should always be taken into account when separating and therefore certain behaviours must be observed.

• Separation with children

Grounds for Divorce

Life goals, infidelity, disputes – in every relationship there are different problems and thus also different reasons that speak for a separation or divorce. But often there are similar reasons, such as infidelity, violence, but also jealousy or drug abuse.

• Grounds for Divorce

Excerpt

A breakup is painful and requires patience and stamina from those involved. While emotions are running high, it is difficult to think clearly and to talk about the separate ways in the future. The question of the joint house and the spatial separation soon arises. At the latest after the divorce papers have been filed, the spatial separation is legally required for the separation year in order to carry out a legal divorce.

• Move out of the shared house

Separation year

Separation year – in every marriage there are crises. However, if these are insurmountable, it often comes to separation and the desire for divorce. However, before this can be made legally binding, the couple must go through a separation year. But why is this separation year needed at all and how does the divorce proceed after the year?

• Separation year

Der Beitrag Real Estate & Divorce: Sell, rent and manage property erschien zuerst auf ℄ Real Estates.

Step by step to divorce – separation year, procedure and joint children

A divorce takes place through the application of one or both spouses and through a court order. For this, among other things, a divorce petition must be filed with the family court, the separation year must be gone through and important issues must be clarified. The exact course of the divorce is determined by how the spouses deal with each other.

The most important at a glance

• The separation year is intended as a period of reflection for the couple. The shortening of the separation year is only permitted in special cases
• Amicable divorces take less time and cost less. Contentious divorces often drag on for a long time and can be very nerve-wracking
• The petition for divorce is filed by the petitioner, i.e. the spouse wishing to divorce. With the help of a notary, the equalisation of pensions can be excluded or made more specific.
• The possible aspects of a divorce settlement agreement include, for example, maintenance, custody of the joint children, the procedure with joint assets or also the continuation of the joint family name.
• A divorce should be openly communicated with children in order to give them clarity. A conflict of loaylity for the child should be avoided at all costs.
• The law no longer requires grounds for divorce since 1977. The most common grounds for divorce include infidelity, violence in the relationship or quarrels

The separation year – the legal requirements

Marriage and the family are regarded as one of the most important social institutions in the legal system. The separation year is therefore intended to act as a preventive measure against possibly wrong, purely emotional and only temporary decisions that could be regretted afterwards. Even if the separation year is seen by many married couples as harassment or pure burden, the intention behind the regulation is clear. The decision should be able to be reviewed and possibly revised in the given time. In addition, the time is useful to take care of some things that are important for the further course of the divorce, such as the divorce settlement agreement.

Although there is an obligation to prove that the separation year has been completed, it is not possible to apply to the court for the beginning of the year or to have it notarised. It therefore makes sense to record the beginning in writing. A shortening or even a complete omission of the separation year can only be brought about by a hardship decision of the court according to § 1565 paragraph 2. An example for such a decision can be extreme domestic violence, which the court classifies as undue hardship.

• The separation year should be considered as a reflection period for the couple
• Shortening the separation year is only permissible in special cases

Contentious or amicable divorce – the initial question before divorce

The family court generally decides whether a divorce is amicable or contested. If a divorce is amicable between the two spouses, the divorce proceedings are very simple. If the separation year is completed, only the divorce and the pension equalization, which is usually carried out ex officio, must be decided. In such a case, one lawyer is sufficient for both spouses, which saves enormous divorce costs. Often even an online divorce for the spouses offers itself, whereby the time expenditure is enormously minimized and the costs are kept low. An amicable divorce can be greatly favoured by a divorce settlement agreement, which is already drawn up by the spouses during the separation year.

If there is a contested divorce, both spouses are required to be represented by their own attorneys. This increases the divorce costs for both parties enormously. The proceedings in contested divorces usually take longer than in amicable divorces and involve higher costs.

• Amicable divorces last shorter and cost less
• Contentious divorces often drag on for long periods of time and can be very nerve-wracking

The procedure – divorce petition and pension rights adjustment

Regardless of whether a divorce is amicable or contested, the petitioner, i.e. the spouse seeking a divorce or his or her law firm, files the petition for divorce with the competent family court after the end of the separation year. This petition shows whether the divorce is contentious or amicable. If it is disputed due to consequential matters (with the exception of pension equalisation), further applications concerning, for example, maintenance, are also submitted with the divorce petition.

In the next step, the court formally serves the other spouse, i.e. the respondent, with the divorce petition and, if applicable, the petitions on the subsequent matters. In the case of amicable divorces, it is now up to the respondent to inform the court that the information in the petition is correct and to declare that he or she will consent to the separation. In contested divorces, it is usually the respondent’s solicitor who takes a position on the divorce petition and the consequential matters.

In most divorces, the equalisation of pensions must be carried out by the family courts. This regulates the entitlements and prospects of a pension due to old age or reduced earning capacity that the spouses have acquired during the marriage. Marriages of up to three years must apply for pension equalisation, all others can exclude it before the notary or structure it more closely. If such equalisation is carried out, the spouses must fill in the forms required by the court, sign them and send them to the family court within a time limit. The court then sends these forms to the pension providers in order to clarify the claims to a pension that arose during the marriage.

In the case of amicable divorces, the divorce date is agreed after the forms have been received. Disputed divorces must clarify the subsequent matters in advance, otherwise the divorce date may be postponed further and further.

• The petition for divorce is filed by the petitioner, i.e. the spouse who wishes to divorce.
• With the help of a notary, the pension equalization can be excluded or more closely structured.

The divorce settlement agreement – the content and the regulations

In a divorce settlement agreement, all things concerning the marriage and the divorce can be regulated. In general, this agreement regulates how joint assets, joint children or similar things will be dealt with after the divorce. It is attempted to clarify all points that are normally settled during the divorce in advance, in order to make the divorce as simple as possible. To a divorce succession agreement belong in detail things like the maintenance. Here, both the separation maintenance for the period from the separation to the divorce and the post-marital spousal maintenance for the period after the divorce can be regulated.

The divorce settlement agreement also regulates the custody of joint children, their maintenance and, if necessary, the right of access for the non-caring parent. In addition, the divorce settlement agreement will specify how joint assets, such as the joint home or household effects, are to be dealt with. Other possible points of a divorce settlement agreement are the agreements on the equalisation of gains, exclusion of the legal matrimonial property regime of the community of gains and agreement on the separation of property, the waiver of the right to inheritance and the right to a compulsory portion and the continuation of the joint family name.

• The divorce settlement agreement attempts to settle all possible points of dispute in advance of the divorce in order to make the divorce as simple as possible.
• The possible aspects of a divorce settlement agreement include, for example, maintenance, custody of the joint children, the procedure with joint assets or also the continuation of the joint family name.

Divorce with children – communication and the conflict of loyalties

The divorce should be openly communicated by the parents with the children. This is best done in an open conversation before the divorce, where the children have the opportunity to ask questions and have enough time to adjust to the situation. Presenting children with a fait accompli only leads to lasting confusion and lots of unanswered questions. Such a conversation is also necessary for children who are already old enough to suspect a separation through previous behaviour, as otherwise unanswered questions remain and loyalty conflicts may arise. Openness is very important in this situation to avoid disputes and ambiguities.

No matter how much the parents quarrel or how great the resentment towards the ex-partner is, the children must not get these disputes. If the children are dragged into the argument, it often leads to a conflict of loyalty for the child. However, there are many things that parents do unknowingly during a divorce that can lead to such conflict for children. Secrecy about what to do, pushing for decisions, or defaming the other in their absence can have disastrous effects on the child’s emotional well-being. Both parents should therefore remain neutral towards the child and avoid statements against the other partner in any case.

• Divorce should be communicated openly with children to give them clarity
• A conflict of loaylity for the child should be avoided at all costs.

The grounds for divorce – not required by law

The law specifies many things when it comes to divorce. However, since 1977 married couples no longer have to state a reason for divorce in order to be able to divorce. The principle of guilt was replaced here by the principle of disruption. However, the legislator specifies a separation year. Before married couples can get divorced, they must go through a separation year, during which the couple is separated but still remains married. This year is to protect against hasty decisions and purely emotional whims and to preserve the principle of marriage. Only in cases of special hardship, the separation year can be omitted.

There are many different reasons to end a marriage. In each case, the reasons are different and the individual situation of the couple plays a huge role. For some, certain reasons are cause for separation while for others they are not really a reason. However, in most cases it boils down to similar problems. The most common reasons for separation include infidelity, violence in the relationship, arguments or lack of commitment.

• The law no longer requires a reason for divorce since 1977
• The most common reasons for divorce include infidelity, violence in the relationship or quarrels.

Divorce: guide, help and tips

Divorce is complex, it’s true. But you are not alone! Many let themselves separate and in fact, a large part always finds a good solution. Only a small part ends in a quarrel. So that you can prepare well, you will find here our small guides and tips on divorce, family, money and real estate.

• Divorce: Guide

Der Beitrag Divorce law: property division, alimony, separation year – who gets what? erschien zuerst auf ℄ Real Estates.

Divorces by mutual consent – the divorce settlement agreement makes it possible

Contentious divorces often lead to unwanted results and problems in families. Especially when joint children are involved, it is probably advantageous for all to settle the messy topic of divorce quickly and easily. Consensual divorces with divorce settlement agreements help and settle all important issues in advance. But what are the limits of these agreements, what can they regulate and what form do they need?

• Tip. Our guide for house and apartment: Selling real estate after divorce.

The most important at a glance:

• The divorce settlement agreement attempts to settle all possible points of dispute in advance of the divorce in order to make the divorce as simple as possible. These include, for example, maintenance, custody of the joint children, the procedure with joint assets or even the continuation of the joint family name.
• A divorce settlement agreement does not require a certain form, however, it is recommended to choose the notarization by a notary or the court record, since both can be used as evidence in case of dispute.
• The benefits can be used primarily by couples who desire an amicable divorce. However, divorce settlement agreements are not suitable for contested divorces or divorces that are desired by only one spouse
• The agreement on the consequences of divorce must not unreasonably disadvantage either spouse and is subject to a judicial review of its content, which can declare such provisions to be invalid.

The content – this can be regulated in a divorce settlement agreement

In a divorce settlement agreement, all things concerning the marriage and the divorce can be regulated. In general, this agreement regulates how joint assets, joint children or similar things will be dealt with after the divorce. It is attempted to clarify all points that are normally settled during the divorce in advance, in order to make the divorce as simple as possible. To a divorce succession agreement belong in detail things like the maintenance. Here, both the separation maintenance for the period from the separation to the divorce and the post-marital spousal maintenance for the period after the divorce can be regulated.

The divorce settlement agreement also regulates the custody of joint children, their maintenance and, if necessary, the right of access for the non-caring parent. In addition, the divorce settlement agreement will specify how joint assets, such as the joint home or household effects, are to be dealt with. Other possible points of a divorce settlement agreement are the agreements on the equalisation of gains, exclusion of the legal matrimonial property regime of the community of gains and agreement on the separation of property, the waiver of the right to inheritance and the right to a compulsory portion and the continuation of the joint family name.

• The divorce settlement agreement attempts to settle all possible points of dispute in advance of the divorce in order to make the divorce as simple as possible.
• The possible aspects of a divorce settlement agreement include, for example, maintenance, custody of the joint children, the procedure with joint assets or also the continuation of the joint family name.

The form – this must be observed

A divorce settlement agreement is only legally valid and binding if it has a specific form. An oral or private divorce settlement agreement is only valid as long as there is no dispute. If the statements made in the divorce do not match the document, it cannot be used as such. If you decide on a divorce settlement agreement, it is always advisable to have it notarized. This ensures that the agreement is legally binding on both parties and can be used as evidence in the event of a dispute. A notarized divorce settlement agreement is therefore the cornerstone for a quick and amicable divorce.

Alternatively, the divorce settlement agreement can be recorded orally by the court at a hearing. This alternative is also legally binding and guarantees its validity in court. In case of doubt, both documents can be used for compulsory enforcement against the spouse, e.g. to collect spousal maintenance.

• A divorce settlement agreement does not require a certain form and can be made verbally, in writing, notarized or verbally recorded in court.
• It is recommended that the contract be notarized by a notary public or recorded in court, as both can be used as evidence in the event of a dispute.

The pros and cons – a divorce by agreement

The advantages of a divorce settlement agreement are obvious. The law gives spouses a great deal of leeway in these agreements to settle all issues related to the divorce amicably among themselves. In this way, it is possible to divide the assets between them as fairly as possible, to determine the maintenance claim or even the custody itself and thus to pave the way for a tension-free and as factual as possible dealings with each other. This is especially important for joint children, who often find themselves in a conflict of loyalties during contentious divorces, which often leads to tension in the family. The advantage of an amicable divorce is also the low court and attorney fees. Contentious divorces require more time, more lawyers, and therefore more costs. To avoid this and avoid unpleasant disputes with your spouse, a divorce settlement agreement can make divorce by mutual consent simple and straightforward.

There are hardly any disadvantages with a divorce settlement agreement. However, one should always bear in mind that disputes and disagreements can arise even when drawing up a divorce settlement agreement. Especially in marriages that break up unhappily or only one party wants a divorce, a divorce settlement agreement can often not help. These agreements require that both partners are willing to discuss divorce issues by mutual agreement and are not only willing to take, but also to make concessions.

• The advantages can be used especially by couples who want an amicable divorce
• Through the divorce settlement agreement, all issues related to a divorce can be clarified privately
• However, divorce settlement agreements are not suitable for contested divorces or divorces that are desired by only one spouse

The limits – unreasonable disadvantage to one spouse

Even a divorce settlement agreement has limits. Although it may regulate everything connected with the divorce, it may not unreasonably disadvantage either of the spouses. The agreement is therefore subject to a judicial review of its content and can be declared invalid in the event of inappropriate provisions. Which provisions are ineffective is determined by the court in each individual case. An unreasonable disadvantage of a spouse is assumed, for example, if he or she will foreseeably be dependent on social welfare as a result of the agreement, or if, for example, parental custody and access rights are commercialised, i.e. access rights would be made dependent on financial benefits. With regard to these limits, there is no precise guideline as to which scenarios could lead to an ineffective agreement, as these always depend on the respective situation and are decided by the respective competent court.

• The agreement on the consequences of divorce must not unreasonably disadvantage either spouse.
• Such provisions may be declared invalid by the court
• The divorce settlement agreement is subject to a judicial review of its content

Divorce: guide, help and tips

Divorce is complex, it’s true. But you are not alone! Many let themselves separate and in fact, a large part always finds a good solution. Only a small part ends in a quarrel. So that you can prepare well, you will find here our small guides and tips on divorce, family, money and real estate.

• Divorce: Guide

Der Beitrag Divorce settlement: limits, contents and the correct form erschien zuerst auf ℄ Real Estates.

Immofinanz: Share, facts and figures

Immofinanz in detail – The current share price and other facts and figures about the company.

• Buying shares – instructions (direct banks, online trading)
• Shares Dividend – Facts and Figures
• Construction: industry and investment
• Immofinanz Immobilien Anlagen AG – Company (external)
• Real Estate Shares – Overview

Share price: 12 months

Invest? WKN, ISIN and symbol:

• WKN: A2JN9W
• ISIN: AT0000A21KS2
• US Symbol: IMMZF

Here is the current share price with a review of the share price performance over the last 12 months.

Source: Ariva.de

Share price: 3 years

The share price performance of Immofinanz Immobilien Anlagen AG over the last 36 months.

Immofinanz facts and figures

Immofinanz Immobilien Anlagen AG’s real estate portfolio had a book value of €5.1 billion as of 31 December 2019 and comprised more than 210 properties.

Seven core markets form the geographical focus of business activities: Austria, Germany, Poland, the Czech Republic, Slovakia, Romania and Hungary.

• CEO: Oliver Schumy (May 1, 2015-)
• Turnover: EUR 546.6 million (2015)
• Headquarters: Vienna, Austria
• Foundation: April 19, 1990
• Number of employees: 853 (2015)

Status: 06/20

Immofinanz subsidiary

Immofinanz Immobilien Anlagen AG also owns the following 21 subsidiaries:

• Immofinanz subsidiary
• FRANKONIA Eurobau AG
• Gena Vier Immobilienholding GmbH
• Atom Centrum A.S.
• CREDO Real Estate AG
• Tempelhofer Feld AG
• Polish Passat Real Sp. z o.o.
• Immofinanz Float GmbH & Co. KG
• Equator Real Sp.Z O.O.,
• LOG.IQ Rheine GmbH
• IMMOAUSTRIA Immobilien Anlagen GmbH
• Credo Real Estate Development GmbH
• Al Sp. Z O.O
• Pan Development A.S.
• Prokopova Development A.S
• Nowe Centrum sp. z o.o.
• Immoeast Beteiligungs GmbH
• Cirrus Real Sp. Z O.O.
• German Warehouse Neuss GmbH & Co KG
• OAO Kashirsky Dvor-Severyanin
• Jungmannova Estates A.S.

DAX: Index of the “German economy

The DAX is the most important German share index in trading. It takes into account the performance of the 30 largest and therefore most liquid companies on the German stock market. The DAX thus represents around 80 percent of the market capitalization of listed stock corporations in Germany.

DAX index family

In addition to the DAX itself, the Prime Standard of the DAX index family includes the MDAX, XDAX, TecDAX and SDAX.

• DAX
• MDAX
• XDAX
• TecDAX
• SDAX

Tip. DAX, NASDAQ, Dow Jones, Euro Stoxx. The chart overview to the indices from top indices:

• DAX, NASDAQ, Dow Jones & Co.

DAX Price: Real Time

Here is the current share price with a review of the share price performance over the last 12 months.

Invest? WKN & ISIN:

• WKN: 846900
• ISIN: DE0008469008
• Symbol: DAX

Chart: 3 year review

The DAX in a 3-year review:

Der Beitrag Immofinanz Immobilien Anlagen AG share: Real-time share price for analysis + news erschien zuerst auf ℄ Real Estates.