Tag Archive for: Local court

Condominium owners’ association at a glance: Distribution of ownership, owners’ meeting, rights & duties

Condominium owners’ association – The condominium owners’ association (WEG) is one of the many forms of housing that exist in Germany. It is a community of owners who share a residential complex. In this article, we would like to provide you with basic information about the WEG and go into the most important aspects, such […]

Ideal division of a property

Ideal division – In the ideal division of a property, co-ownership of several owners is created, which is entered in the land register. In this case, the property is not actually divided into independent parts, but the owners regulate their rights and obligations in a notarised declaration of division. In this declaration it is to […]

Forced sale: online portals for buyers, local court list and tips

Compulsory auction – Your goal is to acquire a property as cheaply as possible? You would like to participate in a forced sale, but you always lack the information when and where a forced sale takes place? Put an end to it! Foreclosure auctions – How you can always be part of it We at […]

Declaration of division for the division into co-ownership shares

Declaration of division – In the declaration of division, a property is divided into co-ownership shares. This means that the owner specifies that the ownership of a property is to be divided in such a way that each share is associated with the separate ownership of an apartment or a room not used for residential […]