Selling an Inherited Home: Your Comprehensive Guide for Heirs and Communities of Heirs
If you want to sell an inherited home, you face a complex process involving legal deadlines, tax obligations, and emotional decisions. This guide explains step by step how to handle the sale in a lega...
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How much rent can I charge? Rent limits, comparative rent
As a landlord in Germany, you must comply with legal requirements when setting the rent. The applicable limits depend in particular on whether it is a new lease or a rent increase for an existing tena...
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Apartment operating costs - What is included?
Anyone who owns or rents a property knows that in addition to the purchase or rental price, other costs are regularly incurred. The so-called operating costs ensure the ongoing operation of a building...
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House sale on a pension basis - explained with and without right of residence
When selling a house on an annuity basis, owners receive a regular annuity instead of a purchase price - often for life. With a right of residence (Section 1093 BGB) or usufruct (Sections 1030 et seq....
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Calculate property purchase price factor: Examples and city table for investors
The purchase price factor is a key figure in real estate valuation that describes the relationship between the purchase price and the annual net cold rent.Formula:Purchase price factor = purchase pric...
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Apartment notice period - rights for tenants and landlords
The notice period for rental apartments is one of the central issues in tenancy law. Both tenants and landlords are bound by clear legal requirements, some of which vary greatly. This article provides...
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Applying for a change of use: requirements, procedure and approval
If you own a property in Germany and want to change its use - for example from a commercial unit to residential space or vice versa - you often have to apply for a so-called change of use. This is a p...
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DIN 277 explained: What counts as usable floor space?
The terms usable space and living space are regularly encountered by owners, buyers, tenants and investors. The exact definition of floor space plays a key role, particularly when it comes to property...
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Real estate transfer tax: exploit savings potential & reduce costs
Property buyers not only have to pay the purchase price if they intend to buy a property or plot of land. Prospective buyers should also consider the ancillary purchase costs in their calculations. On...
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Community of owners: Everything you need to know
In this article, you will learn more about selected topics relating to the community of owners:You will find out what is meant by special and common property and what is regulated in the declaration o...
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Land register: what you need to know about entries, extracts and costs
Everything you need to know about the land register at a glance: Costs for land register entry, how to obtain an extract from the land register and much more...What is written where in the land regist...
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Incidental purchase costs - what you also have to pay when buying a property
They are simply part of buying a property: Incidental purchase costs. This makes it all the more important to take them into account in your personal financial planning right from the start. In this a...
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Broker commission: How high? Who pays?
The estate agent's commission is an important part of many real estate transactions. The broker's commission, also known as a brokerage fee, is the fee that a real estate agent receives for proving th...
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Dissolving a community of heirs: Mastering siblings, certificate of inheritance and house sale
Inherited a property? This can bring joy, but also challenges. If several people inherit the property, a community of heirs is formed in accordance with Section 2023 (1) of the German Civil Code (BGB)...
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Prior notice of conveyance in the land register: significance, duration and costs
The priority notice of conveyance legally protects the buyer of a property. It is entered in the land register and guarantees the transfer of ownership to the buyer. Despite a signed purchase contract...
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Service charge settlement for tenants and landlords
The service charge statement is an important aspect of tenancy law that is equally important for tenants and landlords. In this detailed blog post, we will look at all relevant topics relating to the ...
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Register your second home: Everything you need to know
There can be many reasons for wanting to register a second home. It is not always a vacation property that is only used seasonally. Professional commitments, personal relationships or tax advantages o...
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Notary appointment for the purchase of a house or apartment: procedure, costs & tips
The notary appointment is one of the most important steps in the purchase of a house or condominium. This is when all parties (buyer, seller and possibly their lawyers) meet at a notary's office to si...
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Pool guide: How to make your dream of a house with a pool come true
With your own swimming pool in the garden you can bring vacation flair home. On hot summer days it offers you a refreshing cooling and for children it is anyway the greatest to splash in a pool landsc...
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