Real estate in old age – Life has many facets and it writes many stories. But at some point the time comes and the own apartment, the own house becomes too big. At the same time, little of one’s own pension remains and retirement provisions shrink. What to do? Many real estate owners are faced […]
Partial sale apartment – old building apartment, attic apartment or apartment with terrace and property, many have in particular in the age a problem, the apartment becomes “too large” and the money somehow “ever less”. For many, the partial sale of your condominium seems to make sense. A look at the advantages, disadvantages and costs […]
Los Angeles – How to buy an Apartment in Hollywood, Bel-Air, or downtown. We give you a full explanation and step-by-step guide to everything to know when buying an apartment in Los Angeles. From mortgage, to which areas to buy in Los Angeles, and everything else you need. Real Estate properties, like apartments, penthouses, lofts […]
The sale of a plot of land is a decision you have thought about for a long time. There can be various reasons for the sale. But when it comes to the success of the sale, all owners agree. The property should be sold at the best price and without a long waiting period. If […]
Becoming a real estate agent job instructor: Test questions for field of action 3 – What is it about? Field of action 3 includes the concrete training of skilled workers. Becoming an IHK real estate agent trainer has many advantages for your company! Prevent shortage of skilled workers, well trained skilled workers and more performance, […]
Hypothekenbank is an obsolete name for a Pfandbrief bank since 2005. In purely legal terms, mortgage banks are Pfandbrief banks, but some mortgage banks were allowed to keep their name. Pfandbrief banks are credit institutions whose banking business is to acquire mortgages, pool these mortgage Pfandbriefe and place them on the capital market. They are […]
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 […]
Book land charge – The book land charge is a common means of underpinning the creditworthiness of a borrower and is used to secure a loan. Nowadays, the land charge has almost completely overtaken the formerly predominant mortgage and accordingly belongs to the liens on real property. A property can be encumbered in such a […]
Winter clearing obligation – The winter clearing obligation is the obligation to ensure traffic safety in snowy and icy conditions in order to prevent accidents. This obligation exists for every resident on a road, driveway or sidewalk. If in doubt, you should seek advice from an expert body, as there are extensive regulations and legal […]
Compulsory mortgage – A compulsory mortgage is the registration of a mortgage in the land register in the course of a compulsory execution. A forced mortgage is also considered a security mortgage, but unlike a normal mortgage, it is not contractually agreed and is entered in the land register in the course of the foreclosure. […]
Real estate annuity – If the buyer of a property cannot immediately or fully raise the financing, it can be agreed that the purchaser pays the seller an ongoing annuity. The purchaser’s payment obligation must be secured in rem in the land register, as the real estate annuity is long-term and the seller must protect […]
Inheriting a property comes with a lot of responsibility. A number of questions regarding your inheritance and ownership must be clarified in advance. If you are the sole heir of the property, you can decide independently about a sale. The situation is different if there are co-heirs who may not wish to sell. What is […]
