https://lukinski.com Tue, 01 Mar 2022 14:55:24 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.5 https://lukinski.com/turnkey-handover-definition-advantages-in-english/ Fri, 13 Mar 2020 11:00:12 +0000 https://lukinski.de/turnkey-handover-definition-advantages-in-english/ Turnkey handover – When a building is handed over ready for occupancy, it is referred to as a turnkey handover. This means that all work on the house is the responsibility of the developer or the contractor. Visit home page. In contrast to the ready-for-move-in handover, the interior fittings are usually missing in the case of a turnkey handover. So by definition it is not a house ready for occupancy as one might think, but only a house finished from the outside. The advantage to building on your own is that you don’t have to worry about the planning, materials and site. Of course, this means that you hand over responsibility for minor issues to the construction company and have less influence on the whole process, this could be seen as a small disadvantage. However, the house is then not yet ready for occupancy, because the interior finishing they must then usually organize themselves. If you are looking for a house in an English-speaking country, it is probably very helpful for you to know that turnkey handover means “turnkey handover”.

Overview of turnkey handover

• Definition – Shell with windows etc. finished
• Property developer responsible for construction site until handover of keys
• In English – “turnkey handover

Back to the wiki: Real Estate

]]> https://lukinski.com/obligation-to-tolerate-bgb-tenants-modernizations/ Fri, 17 Jan 2020 12:00:19 +0000 https://lukinski.de/obligation-to-tolerate-bgb-tenants-modernizations/ 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. More on Lukinski. For example, if a construction crane swings over a neighbor’s property subject to certain conditions, the property owner is under a duty to tolerate. Also, if they build over the boundary of their property, without it being described as negligence, their neighbor has to tolerate the overbuilding. Even if you as the owner of an apartment want to carry out a modernization or renovation, your tenant must tolerate the measures after proper notice.

Obligation to tolerate at a glance

• Anchored in the German Civil Code (BGB)
• Neighbour must tolerate certain encroachments on property e.g. construction crane or superstructure
• Tenants must tolerate modernisation or refurbishment

Back to the wiki: Real Estate

]]>