Real estate sales mistakes – valuation too high, wrong buyers and burnt houses, hardly anyone has experience in selling houses and apartments. Even less, with land, forest land or even agricultural land. Already knew: Annually only about 271,000 real estates are sold in Germany. Hardly anyone has experience in the sale of real estate. Mistakes […]
Buying a House in Germany – What are the details to look out for in your ‘Kaufvertrag’ when buying a house or property in Germany? Buying a house is complicated anywhere, especially when considering the contract, but coming from abroad, it’s even more important to know how to go about your purchasing contract. When you […]
Loan – By definition, a loan is a debt contract in which the lender provides the borrower with money or an item of property temporarily and the borrower then repays the value provided plus the agreed loan interest. Compared to a loan, a loan usually involves a larger volume of money and is granted for […]
Dual Activity – Dual activity refers to brokers. The definition is that a broker acts for a seller and a buyer at the same time. The requirement is that the real estate broker be impartial. The real estate broker must also act as a listing broker for both parties or as a listing broker for […]
Easement – An easement is a right over another person’s property, such as real estate. Three types of easements are recorded in the BGB. These rights, which are regulated in law by definition, are the limited personal easement, the easement and the usufruct. The limited personal easement is the right to a property in favour […]
Duty to tolerate – The duty to tolerate is a duty that is anchored in the German Civil Code (BGB) and by definition obliges a property owner to tolerate certain encroachments on his property. For example, if a construction crane swings over a neighbor’s property subject to certain conditions, the property owner is under a […]
Pension equalisation – Pension equalisation must be carried out by the family courts in most divorces. This regulates the entitlements and prospects for a pension due to old age or reduced earning capacity that the spouses have acquired during the marriage. Marriages of up to three years must apply for pension equalisation, all others can […]
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