Real Estate Trade Magazines – Discover a selection of leading real estate trade magazines, online magazines and newsletter services in this post. These sources offer valuable information and advice for real estate professionals and homeowners, from current industry trends to practical tips for projects around your home. Real estate magazines in Germany: 4 recommendations Real […]
Home remodeling can put an old property to new use. Is it worth the investment before selling the house? Small rooms can be combined. Alternatively, new rooms can be created. Roof conversions or basement conversions can even add new square footage. This opens up a lot of possibilities for current home occupants, but can sometimes […]
Standard land value map – The standard land values, which are determined by the municipal expert committees, are published in the standard land value maps. This map can be viewed by anyone and forms the basis for determining the asking and selling price of a property. Among other things, the standard land value map contains […]
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 […]
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. Explore: home inspiration. In the case of individual property, the condominium owner can carry out any type of modernization, but in the case of common […]
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. 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 […]
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 […]
