Duty of disclosure – The broker or seller has a duty of disclosure when selling a property. In general, this includes the personal details of the service provider, such as the address of the branch and the supervisory authority, any entry in the commercial register or general terms and conditions used. Furthermore, the broker or […]
Selling real estate in Hamburg-Harvestehude – selling an apartment, a multi-family house or your own property. The genteel district of Harvestehude is in no way inferior to the other popular suburbs of Hamburg, such as Rotherbaum, Blankensee and Hafen City! Do you have an apartment building in Hamburg? And you want to sell it? Then […]
Foreclosure Procedure – Property owners, like any other person, have expenses and obligations that they must meet and pay. If a property owner is insolvent and cannot pay certain debts, it may happen that a foreclosure sale of a property takes place. Such a proceeding is initiated by the creditor in the appropriate county court. […]
Malicious concealment – In the case of malicious concealment, the seller or broker is accused, among other things, of concealing defects in the property. If the seller or broker has a duty of disclosure but attempts to conceal the defects known to him, the accusation of fraudulent concealment is in the foreground. Concealment includes the […]
Revocation period (brokerage contract) – Since contracts are binding, a prospective buyer can only revoke the brokerage contract if the contract was concluded outside the broker’s business premises or through semi-personal contact such as telephone, letter, e-mail, fax or similar. This period is 14 days and only begins when the prospective buyer has received a […]
Rental agreement – The rental agreement is a written contract prepared by the broker for the tenant and landlord. This contract must form the basis of any tenancy in order for the relationship to stand up legally for both parties. The lease contains the obligation of the landlord to grant the tenant the use of […]
When is the broker economically intertwined with one of the parties involved in the real estate business? What does this phrase mean and what does it imply in the context of the process of selling a property? Are the seller and the buyer of a house or an apartment equally affected by a possible interlocking? […]
Housing allowance – The housing allowance is the amount that the condominium owner is required to pay monthly in advance to the manager based on his or her individual management plan issued for condominium or partial condominium ownership. Each unit owner of a condominium is obligated to pay the housing allowance in advance. If a […]
Selling real estate in Altstadt – As an exclusive residential area with a traditional flair, this district is right up there with the districts of Lehel, Bogenhausen, Maxvorstadt and Schwabing as one of the most attractive places to live in Munich. You want to sell your apartment, your property or your apartment building in the […]
Forced sale (real estate) – The forced sale of real estate is understood to be the auctioning of the property to satisfy creditors. The initiation and execution of the compulsory auction is carried out by the competent district court and is announced publicly, usually in daily newspapers. A property may be put up for auction […]
Selling property in Frankfurt-Nordend – selling an apartment, apartment building or your own property. Frankfurt Nordend in particular is a popular residential area. It not only inspires as an attractive place to live for young families and entrepreneurs, but also by its proximity to the economically strong Westend, the lively Ostend and also the district […]
Selling real estate in Frankfurt-Westend – selling an apartment, a multi-family house or your own property. As the economic heart of the Hessian metropolis of Frankfurt, the Westend is in no way inferior to the other districts Ostend, Nordend & Gallus! For this reason, properties in this location are in particularly high demand. You want […]
