Property Tax USA vs Germany – Real estate ownership obligates, especially to property tax, whether you are a real estate owner in the USA or in Germany. Here’s a little insight into the differences between USA and Germany with a look at purpose, calculation, tax amount and payment deadlines. Property tax: what is it? What […]
Sayings for card – It is the situation in which everyone comes at least once in life. The move into a new apartment or house. On this occasion, many people search the Internet for the best sayings for moving in for a variety of reasons. One would like to look for a suitable saying for […]
Maintenance measure (real estate) – Maintenance measures are measures which are necessary for the preservation of the existing building fabric. The measures include maintenance, inspection, repair and improvement. The objectives include preventing system failures, improving operational safety, reducing malfunctions, and planning ahead for costs. Typical maintenance measures are, for example, cosmetic repairs. Maintenance task (real […]
Local authority contributions – Local authority contributions are levied by the municipalities and cover the cost of constructing public facilities, roads and paths. These include, among other things, the development costs for the connection to the public supply network for electricity, gas, water and sewage. As a builder, you must always take into account the […]
Foreclosure Submission for Purchase Price – Every real estate purchase agreement contains a submission clause. This clause states that the seller of a property can immediately foreclose and seek payment of the purchase price from the buyer if the buyer fails to pay the purchase price on time. The purpose is so that the seller […]
Wind turbines are most commonly seen in wind farms, where several horizontal axis wind turbines are erected on a large area. You can see them from far away and already the wind turbines have integrated themselves into our landscape. They are probably the clearest witnesses of the steadily advancing energy turnaround in Germany. But what […]
Call money – The term already describes the fact that call money is a short-term investment. In this respect, call money differs from time deposits or savings bonds, which are tied to a term. The dissolution of these investments is only possible with losses and in compliance with a period of notice. With call money, […]
Fixed-term deposit – The term fixed-term deposit refers to a financial investment that is tied to a specific term. You agree this term with your bank in advance. Periods of between twelve months and six years are common. The term is the most important distinguishing feature between fixed-term deposits and overnight money. While you can […]
Current account – A current account is used to handle your daily financial transactions. You use it as a salary account, for purchases and for all transfers and debits that become necessary in everyday life. Current accounts are offered by all banks and savings banks. Before opening a current account, it is strongly recommended to […]
