Record | Lukinski

Mortgage – definition, simply explained & difference to land charge

Laura — Mon, 16 Dec 2019 12:00:30 +0000

A mortgage is an interest-bearing loan on a property. The definition of a mortgage simply explained is that you take out a new loan or pay off an old one and pledge your property as collateral. This means that your property belongs to your lender and if you default, the lender can sell your property to pay off the debt. Compared to the land charge, the difference is that the mortgage is always tied to the repayment of the loan and the land charge is not. On the Internet there are numerous calculators with which they can calculate the conditions for their mortgage and the amount of interest. Calculate easily: real estate calculator. The interest rates for a mortgage are usually between one and two percent. To understand how such a mortgage works in detail, it is useful that they deal with the law field of real estate law.

Mortgage at a glance

Definition: interest-bearing loan on real estate
Simply explained: property is pledged for a loan
Difference to land charge: mortgage is linked to repayment of loan
Interest rates: between 1-2%

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Pets for Tenants – Dog, Cat & Sloth

Laura — Thu, 05 Dec 2019 12:00:05 +0000

Pets – Whether animals may be kept in the apartment is not regulated across the board. Small animals such as fish, guinea pigs or budgies are generally always allowed. A clause in the rental agreement for the prohibition of pets in general is not permissible. Whether you want to keep a cat to cuddle or a more unusual pet such as a sloth as a real exotic, this is not a problem in the first place. However, if the pets are a nuisance or pose a danger to other residents, the landlord may prohibit them. Calculate the yield: rental return. Basically, as a tenant, you should consult with the landlord to avoid conflicts. When keeping such exotic animals as the sloth, the question arises: Which animals are pets at all? The rough definition here is that a pet is an animal that can be kept within a normal household. In the case of unusual animals such as the sloth, there are special regulations and keeping requirements in each individual case.

Pets at a glance

Small animals may always be kept
Animals like dogs & cats basically allowed, can be banned
Always consult with landlord

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Interior fittings – drywall, screed & plasterer

Laura — Tue, 19 Nov 2019 12:00:56 +0000

Interior work – Interior work includes work such as drywall, painting and electrical installations. There is a lot of different work that needs to be done before a house or apartment can be sold or rented. More: renting guide. While the shell of the house is finished, the interior work is just getting started. Many different jobs still need to be done to make a house habitable by our standards. Craftsmen from different areas will visit the construction site one by one, have to be instructed and their work has to be controlled. Due to this extent, the interior work is one of the most important elements in the overall calculation.

Interior fittings at a glance

Wall panelling ,Drywall
Heating and sanitary works , air conditioning and ventilation
Staircase construction, locksmith and tinsmith work
Tiles, screed, top floor, natural stone work
Painting and varnishing work, interior plastering
Plasterer’s work
Furniture and carpentry work, interior doors
Electrical installations

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