Consent requirement (sale WEG) – If it is agreed that a condominium owner may only sell his condominium if an administrator or another condominium owner agrees, this is a consent requirement. The reason for the consent requirement is that the condominium is interested in each owner being able to fulfil his obligations regarding the residential […]
Modernisation (WEG) – Modernisation includes all structural measures taken by the owner with the aim of sustainably increasing the utility value of the property and permanently improving the living conditions. In the case of individual property, the condominium owner can carry out any type of modernization, but in the case of common property, the owner […]
Duty of Disclosure – Once a decision has been made to purchase a property, the purchaser must be made aware of all important aspects of the purchase. A duty of disclosure exists when the seller feels obligated to disclose certain facts about the property and the prospective buyer can expect the seller to be honest […]
Selling a house is a big decision with many legal procedures, contracts and requirements. 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 field, there are many legal […]
Buying a house is an important decision. Before buying a property, you should carefully consider what financial resources are available, what type of property you want to buy, and so on. In order to cover all these important points and so that they can really be sure that they have thought of everything, there are […]
