Permanent | Lukinski https://lukinski.com Sun, 03 Apr 2022 12:28:01 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.5 Structural changes (WEG) must be formally resolved https://lukinski.com/structural-changes-weg-must-be-formally-resolved/ Tue, 30 Apr 2019 11:00:24 +0000 https://lukinski.de/structural-changes-weg-must-be-formally-resolved/ Structural alterations (WEG) – In the case of condominium owners’ associations, a structural alteration refers to certain construction measures and is to be assumed if it fulfils the following four points. It counts as a structural change if a construction measure is designed to be permanent, it is carried out after the condominium has come into existence, it leads to a transformation of the common property and it goes beyond the proper maintenance of the common property. Explore property portal. It therefore goes beyond the mere maintenance or modernisation of the common property. Every structural change requires a formal resolution in the owners’ meeting.

Structural alterations (WEG) at a glance: Permanent transformation of the common property

  • Construction measures for condominium owners’ associations
  • Is permanent
  • Will be carried out subsequently
  • Leads to the transformation of the common property
  • Goes beyond proper maintenance or modernising repairs
  • Requires formal resolution in the owners’ meeting

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]]> Depreciation of property https://lukinski.com/depreciation-of-property/ Mon, 22 Apr 2019 11:00:51 +0000 https://lukinski.de/depreciation-of-property/ Decrease in age value – Decrease in age value refers to the total useful life of a property in connection with the market value. More on Lukinski. If the remaining life of a property is shortened, a reduction in age value is taken into account. Factors to be considered are, for example, construction defects or technical obsolescence of a building such as damp cellars or single-glazed windows.

Age depreciation at a glance: Impairment due to useful life

  • Impairment of a property due to total useful life
  • Is related to the market value of a property
  • Reduced value due to shortened remaining useful life
  • Reduction due to wear and tear, construction defects, wear and tear and obsolescence

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