Alimony after divorce – According to the Federal Statistical Office, 153,500 marriages were divorced in Germany. With every divorce, the issue of alimony also arises and becomes an important point in the negotiations. Particularly with common accounts and divided income the question about the financial future stands frequently unclarified in the area. Therefore, the experts […]
Notarization – In order to draw up a purchase agreement for a property, it must be notarized. The purpose of notarization is to protect the buyer and seller from hasty decisions and to ensure that the interests of both parties are properly recorded. The recording of the interests is carried out by a notary, who […]
Community Property (Definition, Meaning) – If nothing else is agreed upon in a marriage contract, spouses or registered life partners live in a community property arrangement. In this case, the assets of the spouses are kept separate during the marriage, but they are combined and fairly divided upon divorce if a property adjustment is requested. […]
Fiduciary account (notary) – The special thing about a fiduciary account is that the holder of the account is not the owner of the assets in it. What to expect: purchase expenses. The holder is usually a notary or lawyer who manages the owner’s assets. A trust account is regularly required in particular for the […]
Real estate annuity – If the buyer of a property cannot immediately or fully raise the financing, it can be agreed that the purchaser pays the seller an ongoing annuity. The purchaser’s payment obligation must be secured in rem in the land register, as the real estate annuity is long-term and the seller must protect […]
The term rent defines a consideration received by a lessor from a person renting for the use of a thing. The use granted by contract is limited to a fixed period and differs significantly from a lease. According to the German Civil Code, property is objects with solid, liquid or gaseous bodies. Among other things, […]
Power of attorney – A power of attorney, i.e. authorising a person to act on their own behalf, can be issued informally. Real estate purchase contracts must be notarized. All steps explained: selling tips. For this reason, it is necessary that the authorisation of a third person is also notarised. The registration of the changed […]
Deletion authorisation – Before a right entered in the land register can be removed, the person to whom this right belongs must grant a deletion authorisation. This deletion permit can be obtained by the seller or the appointed notary if the claim to which the third party is entitled has been settled. All steps explained: […]
Purchase contract – A purchase contract defines which right a buyer acquires from a seller at which purchase price. See also: finance & money. Important details concerning the purchase of real estate are stated in the purchase contract. The signing of a real estate purchase contract is carried out in the presence of a notary. […]
Selling a house is a big decision with many legal procedures, contracts and requirements. Read more: Real Estate Germany. As a homeowner, you should be well informed in advance about what to expect and what you need to pay attention to, so that you come out of the deal profitable. For the uninformed in the […]
Purchase additional costs calculator – The purchase additional costs are neglected very gladly in the context of the construction financing. At the latest with the financing discussion and the discussion of the financing offers the additional expenses come then on the table. Many builders and real estate buyers calculate only with the price for the […]
Finding the right craftsman for your next building project in Aachen is not that easy! More on Real Estate Berlin. That’s why we have a few recommendations and adresses in Aachen for you. For your next building project, conversion or modernisation. From simple bathrooms to luxurious interiors, here you will find good adresses and master […]
