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		<title>Usable space, living space and floor space: difference? This is how it&#8217;s simple</title>
		<link>https://lukinski.com/usable-space-living-space-and-floor-space-difference-this-is-how-its-simple/</link>
		
		<dc:creator><![CDATA[L_kinski]]></dc:creator>
		<pubDate>Fri, 03 Dec 2021 16:45:02 +0000</pubDate>
				<category><![CDATA[Evaluation]]></category>
		<category><![CDATA[Law]]></category>
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		<category><![CDATA[Real estate]]></category>
		<category><![CDATA[Apartment purchase]]></category>
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					<description><![CDATA[Usable space, living space and floor space: what is the difference? &#8211; Here you will learn the difference of each area (real estate exposés) and also, a simple &#8220;formula&#8221; to calculate each area. Important, for example, to calculate the return. No matter whether house or condominium(partial ownership). Learn even more here in the guide: Buying [&#8230;]]]></description>
										<content:encoded><![CDATA[<p>Usable space, living space and floor space: what is the difference? &#8211; Here you will learn the difference of each area (real estate exposés) and also, a simple &#8220;formula&#8221; to calculate each area. Important, for example, to <a href="https://lukinski.de/rental-yield-explained-build-wealth-definition-formula-for-your-yield-real-estate/" data-type="post" data-origin="de" data-origin-url="https://lukinski.de/mietrendite-erklaert-vermoegen-aufbauen-definition-formel-rendite-immobilie/" data-id="54257">calculate the return</a>. No matter whether house or condominium<a href="https://lukinski.de/declaration-of-division-for-the-division-into-co-ownership-shares/" data-type="post" data-id="44157">(partial ownership</a>). Learn even more here in the guide: <a href="https://lukinski.com/buying-your-first-property-house-apartment-as-an-investment-or-owner-occupier/" data-type="post" data-origin="de" data-origin-url="https://lukinski.de/erste-immobilie-kaufen-haus-wohnung-kapitalanlage-eigennutzer/" data-id="46485">Buying your first apartment</a>.</p>
<h2><span id="Unterschied_zwischen_Nutzflache_Wohnflache_und_Grundflache">Usable space, living space and floor space: what is the difference?</span></h2>
<p>Let&#8217;s start very simply. You will encounter these values in exposés, in advertisements, in every real estate search. That&#8217;s why it&#8217;s important to know the difference.</p>
<p>3 Surfaces you will often encounter:</p>
<ol>
<li>Footprint</li>
<li>Useful area</li>
<li>Living space</li>
</ol>
<p>The order is chosen specially. Because as you can see here, you come from the 1) floor space to the 2) usable space to the final 3) living space.</p>
<blockquote><p>Tip. At the end of the article you will also find extra infographics, for clarification</p></blockquote>
<p>Since there is still a simple &#8220;formula&#8221; for calculation on the Internet, here in quite simply explained.</p>
<p>Simply expressed as a &#8220;formula&#8221;:</p>
<ul>
<li>Floor area = usable area + circulation area (such as staircase) + functional area (such as boiler room)</li>
<li>Usable area = Usable area (living area &#8211; basement &#8211; attic &#8211; &#8230;)</li>
<li>Living space = living space (living room + bedroom + &#8230;)</li>
</ul>
<h2>Calculate step by step</h2>
<p>Let&#8217;s look at the process again step by step:</p>
<h2>Footprint: Step 1 + Definition</h2>
<p>That is, the 1) floor area includes the entire usable area, as well as corridors and staircases (circulation area), and garbage or boiler room (functional area).</p>
<p>This includes all floor areas:</p>
<ul>
<li>Living space</li>
<li>Attic, basement, garages and balconies</li>
<li>Staircase, corridors, &#8230; (so-called traffic area)</li>
<li>Garbage room, boiler room, &#8230; (so-called functional area)</li>
</ul>
<p>This does not include:</p>
<ul>
<li>Plot</li>
</ul>
<p>Calculate:</p>
<blockquote><p>Floor area = usable area + circulation area (such as staircase) + functional area (such as boiler room)</p></blockquote>
<p>Infographic:</p>
<p><img fetchpriority="high" decoding="async" class="alignnone size-full wp-image-48372" src="https://lukinski.de/wp-content/uploads/2021/12/infografik-grundflaeche-immobilienbewertung-quadratmeter-bewerten-haus-wohnung-eigentumswohnung-anleitung-schritt-1-alle-zusammen-rechnen-wohnen-nutzen-verkehr-funktion.jpg" alt="" width="1500" height="1061" /></p>
<p>Example: All built-up areas, covered areas and upper floors.</p>
<p><img decoding="async" class="alignnone size-full wp-image-39734" src="https://lukinski.de/wp-content/uploads/2021/04/maxvorstadt-muenchen-bayern-wohnen-leben-immobilien-kaufen-wohnung-grundstueck-haus-mehrfamilienhaus-altbau-himmel.jpg" alt="" width="1200" height="800" /></p>
<h2>Usable area: Step 2 + Definition</h2>
<p>After the floor area, consider the 2) usable area, that is, what can really be used in the house or apartment building (for condominiums).</p>
<p>These include, for example:</p>
<ul>
<li>Attic</li>
<li>Basement</li>
<li>Garages</li>
<li>Storage rooms (outside the living space)</li>
<li>Balconies</li>
</ul>
<p>This no longer includes:</p>
<ul>
<li>Staircase, corridors, &#8230; (so-called traffic area)</li>
<li>Garbage room, boiler room, &#8230; (so-called functional area)</li>
</ul>
<p>Calculate:</p>
<blockquote><p>Usable area = Usable area (living space, basement, attic, &#8230;)</p></blockquote>
<p>Infographic:</p>
<p><img decoding="async" class="alignnone size-full wp-image-48374" src="https://lukinski.de/wp-content/uploads/2021/12/infografik-nutzflaeche-immobilienbewertung-quadratmeter-bewerten-haus-wohnung-eigentumswohnung-anleitung-schritt-2-genutzt-garage-balkon-wohnen-keller-dachboden.jpg" alt="" width="1500" height="1061" /></p>
<p>Example: Staircase is part of the usable space.</p>
<p><img loading="lazy" decoding="async" class="alignnone size-full wp-image-48366" src="https://lukinski.de/wp-content/uploads/2021/12/treppe-nutzflaeche-verkehrsflaeche-beispiel-berechnung-mehrfamilienhaus-mfh-koeln-nrw-steintreppe.jpg" alt="" width="1200" height="675" /></p>
<h3>Living space: step 3 + definition</h3>
<p>Only then you come to the 3) living space. The living space then indicates the actual habitable space of the property.</p>
<p>Typically only includes:</p>
<ul>
<li>Living rooms (bedroom, kitchen, bathroom, living room, etc.)</li>
<li>Balconies, loggias, terraces and roof gardens are counted at 25%, at most at 50% (§4 WoFlV)</li>
</ul>
<p>Calculate:</p>
<blockquote><p>Living space = living space (living room + bedroom + &#8230;)</p></blockquote>
<p>Now you know the difference.</p>
<p>Infographic:</p>
<p><img loading="lazy" decoding="async" class="alignnone size-full wp-image-48376" src="https://lukinski.de/wp-content/uploads/2021/12/infografik-wohnflaeche-immobilienbewertung-quadratmeter-bewerten-haus-wohnung-eigentumswohnung-anleitung-schritt-3-zimmer-schlafen-wohnen-kueche-bad-abstellraum.jpg" alt="" width="1500" height="1061" /></p>
<p>Example: Living room of a condominium.</p>
<p><img loading="lazy" decoding="async" class="alignnone size-full wp-image-46112" src="https://lukinski.de/wp-content/uploads/2021/08/off-market-immobilie-sachsen-dresden-leipzig-mehrfamilienhaus-wohnanlage-renditeobjekt-grundstueck-grundfaeche-gesamtflaeche-kaufpreis-wohnzimmer-marmor-fenster-couch-lampe.jpg" alt="" width="1200" height="800" /></p>
<h2><span id="Uberblick_Flachen_und_Fachbegriffe">Summary: Technical terms as infographics</span></h2>
<p>Once again quickly summarized, the areas, simplified summary with infographic.</p>
<ol>
<li>Total area (use + traffic + function)
<ol>
<li>Traffic area (staircase, corridors in the house)</li>
<li>Functional area (boiler room, garbage room, etc.)</li>
</ol>
</li>
<li>Usable area (everything except traffic area / functional area)</li>
<li>Living space (usable space that is not occupied, example: cellar)</li>
</ol>
<h3>Total area / floor space in the house</h3>
<p>Use + traffic + function give the total area.</p>
<h3>Usable area in the house</h3>
<p>Everything except traffic area / functional area results in the usable area.</p>
<h3>Living space in the house</h3>
<p>Usable space that is not occupied, example: basement, is called living space.</p>
]]></content:encoded>
					
		
		
			</item>
		<item>
		<title>Create real estate purchase contract: Master data, purchase price, payment term &#038; tenant &#8211; checklist</title>
		<link>https://lukinski.com/create-real-estate-purchase-contract-master-data-purchase-price-payment-term-tenant-checklist/</link>
		
		<dc:creator><![CDATA[Laura]]></dc:creator>
		<pubDate>Wed, 03 Nov 2021 12:47:08 +0000</pubDate>
				<category><![CDATA[Capital investment]]></category>
		<category><![CDATA[Law]]></category>
		<category><![CDATA[Real estate]]></category>
		<category><![CDATA[Apartment purchase]]></category>
		<category><![CDATA[Buy a house]]></category>
		<category><![CDATA[Caravan]]></category>
		<category><![CDATA[Cleanliness]]></category>
		<category><![CDATA[Decorate]]></category>
		<category><![CDATA[Footprint]]></category>
		<category><![CDATA[German part purchase]]></category>
		<category><![CDATA[House half]]></category>
		<category><![CDATA[Interest rate]]></category>
		<category><![CDATA[Internship]]></category>
		<category><![CDATA[Land charge documents]]></category>
		<category><![CDATA[Land charge order]]></category>
		<category><![CDATA[Purchase contract]]></category>
		<category><![CDATA[Redevelopment]]></category>
		<category><![CDATA[Rent control]]></category>
		<category><![CDATA[Swing]]></category>
		<category><![CDATA[Useful area]]></category>
		<guid isPermaLink="false">https://lukinski.de/create-real-estate-purchase-contract-master-data-purchase-price-payment-term-tenant-checklist/</guid>

					<description><![CDATA[Drawing up a real estate purchase contract &#8211; So you have found a house, apartment or apartment building , checked it technically and commercially, included both defects and age in the real estate valuation and now want to draw up the purchase contract? Find out here which data and documents you need for your final [&#8230;]]]></description>
										<content:encoded><![CDATA[<p>Drawing up a real estate purchase contract &#8211; So you have found a <a href="https://lukinski.com/buy-house-financial-planning-broker-commission-loans-service-charges/" data-type="post" data-origin="de" data-origin-url="https://lukinski.de/haus-kaufen-finanzplanung-makler-provision-kredite-nebenkosten/" data-id="29903">house</a>, <a href="https://lukinski.de/wohnung-kaufen-darauf-sollten-achten-ziele-kriterien-faktoren-checkliste/">apartment</a> or <a href="https://lukinski.com/buy-apartment-house-property-evaluation-procedure-costs-taxes-tenants/" data-type="post" data-origin="de" data-origin-url="https://lukinski.de/mehrfamilienhaus-kaufen-immobilie-bewerten-ablauf-kosten-steuern-mieter/" data-id="29898">apartment building </a>, checked it <a href="https://lukinski.de/technische-pruefung-immobilienkauf-fassade-fenster-gemeinschaftseigentum-haus-wohnung-bewerten/">technically</a> and <a href="https://lukinski.de/kaufmaennische-pruefung-immobilienkauf-mietvertraege-betriebskosten-instandhaltung-haus-wohnung-bewerten/">commercially</a>, included both <a href="https://lukinski.de/alte-bestandsimmobilien-maengel-vergleich-bausubstanz-mauerwerk-waermedaemmung-brandschutz-1900-heute/">defects</a> and <a href="https://lukinski.de/haus-wohnung-bewerten-baujahr-wie-alt-darf-immobile-sein-wertfaktor-alter-kapitalanleger-eigennutzer/">age in</a> the <a href="https://lukinski.com/real-estate-evaluate-factors-on-line-free-of-charge-flat-house-multi-family-house/" data-type="post" data-origin="de" data-origin-url="https://lukinski.de/immobilie-bewerten-faktoren-online-kostenlos-wohnung-haus-mehrfamilienhaus/" data-id="30172">real estate valuation </a>and now want to draw up the purchase contract? Find out here which data and documents you need for your final appointment with the notary, from the tenant list to the land charge documents.</p>
<h2>Prepare purchase contract: Important data, attachments &#038; Co.</h2>
<p>To ensure that your purchase contract is ready for notarization, you need to collect all important data, documents and commitments in advance. Let&#8217;s go through the most important points here chronologically.</p>
<h3>Master data: Buyer and seller</h3>
<p>At the beginning of the contract, the master data of the buyer and seller must be listed.</p>
<p>The master data includes:</p>
<ul>
<li>Name</li>
<li>Address</li>
<li>Date of birth</li>
</ul>
<h3>Master data: House, apartment &#038; multifamily</h3>
<p>The same applies to the property. The master data of your property includes the exact address of the property and, in the case of condominiums, the residential unit. The location and the land register sheet number must also be listed here.</p>
<p>Summarized here:</p>
<ul>
<li>Address of the property</li>
<li>Housing unit, if applicable</li>
<li>Location</li>
<li>Land register sheet number</li>
</ul>
<h3>Purchase price and payment term including additional costs</h3>
<p>The final <a href="https://lukinski.com/determining-the-purchase-price-the-most-important-criteria-for-your-financing-credit-rating-equity-co/" data-type="post" data-origin="de" data-origin-url="https://lukinski.de/kaufpreis-ermitteln-wichtigsten-kriterien-finanzierung-bonitaet-eigenkapital/" data-id="54258">purchase price</a> is then displayed here. Important: This is not just the purchase price of the property itself, but the final price including ancillary purchase costs, such as notary, broker, land registry entry, etc. The payment term should also be recorded here. The payment term should also be recorded here.</p>
<blockquote><p>Reading tip: <a href="https://lukinski.de/kaufpreis-berechnen-inklusive-kaufnebenkosten-grunderwerbsteuer-notar-grundbucheintrag-checkliste-haus-wohnung-beispiel/">Calculating the purchase price including incidental purchase costs</a></p></blockquote>
<ul>
<li>Purchase price</li>
<li>Payment term</li>
</ul>
<p><img loading="lazy" decoding="async" class="alignnone size-full wp-image-36477" src="https://lukinski.de/wp-content/uploads/2021/02/einkaufszentrum-verkaufen-gewerbe-immobilie-immobilien-hamburg-architektur-lukinski.webp" alt="" width="1200" height="808" /></p>
<h3>Tenant data and list: Appendix</h3>
<p>Important for <a href="https://lukinski.com/buy-rented-or-unrented-advantages-and-disadvantages-for-buyers/" data-type="post" data-origin="de" data-origin-url="https://lukinski.de/vermietet-unvermietet-kaufen-vorteile-nachteile-kaeufer/" data-id="54263">rented properties</a>: The tenant list and data. These are attached as an appendix to the purchase agreement. Finally, all information regarding the tenancy and the respective deposit must be set out. Rent arrears and house money arrears must also be listed here. If there are no arrears, this must be confirmed.</p>
<ul>
<li>Tenant data / Tenant list</li>
<li>Current status of tenancies</li>
<li>Deposits paid by tenants</li>
<li>Confirmation: No rent arrears</li>
<li>Confirmation: No house money arrears</li>
</ul>
<h3>Commitments made by the seller in the purchase agreement</h3>
<p>Also important: All promises made by the seller must be included in the purchase agreement. If, for example, <a href="https://lukinski.com/convert-house-increase-value-before-selling-analysis-renovation-costs-how-to-proceed/" data-type="post" data-origin="de" data-origin-url="https://lukinski.de/haus-umbauen-wert-steigern-verkauf-analyse-renovierung-kosten-vorgehen/" data-id="44320">renovation</a> or <a href="https://lukinski.com/sanierung-meaning-explained-renovation-german-real-estate-market/" data-type="post" data-origin="de" data-origin-url="https://lukinski.de/sanierung-immobilie-haus-instandsetzung-modernisierung-wertsteigerung/" data-id="31319">refurbishment work</a> still has to be carried out, this should be documented here. This prevents misunderstandings later on.</p>
<h3>Land charge documents from your bank</h3>
<p>Finally, you will need the land charge documents from your financing bank. If you do not yet have them for your appointment with the notary, then include the power of attorney for the land charge appointment in the purchase contract instead.</p>
<h2>Economic transition: billing and costs</h2>
<p>If ownership is transferred to the buyer, this also entails an economic transfer. The economic transfer involves both the settlement of tenants&#8217; accounts and contributions from residents. Important: If you buy the property before the middle of the year, the seller must take care of the settlement. If you buy the property in the second half of the year, you have to take care of it.</p>
<p>You will need the following additional documents for the economic transition:</p>
<ul>
<li>Documents for the settlement of tenants</li>
<li>Receivables due to contributions from local residents</li>
<li>Assignment of claims against craftsmen</li>
</ul>
<p><img loading="lazy" decoding="async" class="alignnone size-full wp-image-48368" src="https://lukinski.de/wp-content/uploads/2021/12/treppe-nutzflaeche-verkehrsflaeche-beispiel-berechnung-neubau-luxus-saniert-jetzt-teil-der-wohnflaeche-vorher-alte-schule.jpg" alt="" width="1200" height="800" /></p>
<h2>Checklist: How to draw up the purchase contract</h2>
<p>So here again summarized all the important data and attachments for the purchase contract:</p>
<ol>
<li>Buyer &#038; Seller Master Data</li>
<li>Master data of the property</li>
<li>Purchase price and payment term</li>
<li>Tenant data and list</li>
<li>Commitments from the seller side</li>
<li>Land charge documents</li>
<li>Documents for the settlement of tenants</li>
<li>Receivables due to contributions from local residents</li>
<li>Assignment of claims against craftsmen</li>
</ol>
<p>You want to buy an apartment and still have some questions? Then you will learn everything from A-Z here: owner-occupancy or renting, financing a condominium, apartment search, real estate portals, brokers, valuation, purchase prices, negotiations and taxes. Knowledge and experience from experts, in one guide.</p>
<p style="padding-left: 40px;">✓ A guidebook<br />
✓ All facts<br />
✓ Insider tips<br />
✓ Purchase checklists</p>
<p>Learn step-by-step the home buying process and lots of insider tips!</p>
<ul>
<li><a href="/?p=11881">Buy apartment</a></li>
</ul>
<p><img loading="lazy" decoding="async" class="alignnone size-full wp-image-33323" src="https://lukinski.de/wp-content/uploads/2021/01/buy-house-usa-investing-real-estate-villa-mansions-taxes-guide-process-steps-how-to-explanation-suburban.jpg" alt="" width="1200" height="762" /></p>
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