Tag Archive for: Loan amount

Monument protection – criteria, real estate & the monument protection authority

Monument protection – A monument protection is a legally defined protection of a building, which is awarded based on certain criteria. These are besides the age, the architecture or the historical significance. From when a property is listed, is sometimes not directly comprehensible, so they should always inquire as a buyer of a potentially listed […]

Easement – definition, three types & in English

Easement – An easement is a right over another person’s property, such as real estate. Three types of easements are recorded in the BGB. These rights, which are regulated in law by definition, are the limited personal easement, the easement and the usufruct. The limited personal easement is the right to a property in favour […]

Discount – definition, discount & calculate

Disagio – Disagio or as a synonym Damnum or Abgeld cheapens the initial interest rate of a loan when buying a property. By definition, a person is granted a loan and a discount of the loan is retained, this sum is called a discount. The sum acts as a prepayment of interest. In return, the […]