Tag Archive for: Housing allowance

Maintenance reserve (WEG) to prevent property-related problems

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Maintenance reserve (WEG) – Every condominium owner can demand that a maintenance reserve be accumulated, which is, however, not obligatory. This reserve is accumulated to prevent liquidity problems and the deterioration of a property. The amount of the maintenance reserve depends on what a forward-looking owner would save for the maintenance of his property. This […]

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Renovation of old buildings: costs, conditions, tips & laws + monument protection

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Renovating old buildings – Old buildings are very popular because of their unique structure. Large rooms with high windows and old wooden doors, which may creak a little when opening and closing, represent a traditional way of life. Many of the buildings are more than one hundred years old. A renovation can give the apartments […]

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