You want to sublet your apartment? Whenever a contract is signed, the signatories should be aware of the applicable legal situation in order to avoid any subsequent disputes resulting from inadequate knowledge of the law. This also applies to subletting your own four walls. We would like to inform you about the most important legal principles by answering frequently asked questions.
What if there were thousands of pounds just waiting for you in your loft? Attic conversions are considered among the top ways to increase your home's selling power by real estate agents, adding up to 20% to the value. Whether you've got a penthouse suite, a games room or cosy library in mind, transforming your loft can add space to your property and increase your return on investment.
Office instead of restaurant? Gastronomy instead of retail? When a change of tenant is imminent, owners of a commercial unit sometimes think about letting another industry move in. But then a change of use must be applied for. What should owners know about this?
Hotel properties are Purpose-built properties with an infrastructure and furnishings geared to the purpose of tourist accommodation. Especially in the case of small and medium-sized hotels in central locations, a change of use to profitable residential use is often an economically attractive option for the property owner.
A house sale contract is needed to facilitate the change of ownership of a property. At the same time, such a contract usually raises many questions for buyers and sellers. After all, selling a property is an everyday undertaking for very few people. It is therefore all the more important that the contract for the sale of a house is drawn up with appropriate care and prepared in a way that is understandable for all parties involved. In the following, we therefore explain in advance key questions regarding the contract of sale of a property.
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Almost every property owner who wants to sell his or her house before the fixed-interest period expires has to pay a so-called early repayment penalty. However, this topic often raises questions among home sellers: What is the early repayment penalty for? How high is it? And is it possible to avoid it? If you are considering selling your home before the end of the fixed-interest period, you should find out in advance what costs an early termination of the loan agreement may entail. In the following, we explain the most important questions about early repayment fees.
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One of the clear Advantages of real estate as a capital investment compared to other investment opportunities, such as gold as an investment, is the possibility of lending through banks. It is important to note that the banks evaluate the personal income situation in addition to the property when financing the first property.
There are a number of good reasons why you should commission a real estate agent and conclude a real estate agent's contract in the process. The brokerage fee, the scope of services and other modalities are regulated in such a document. What exactly the brokerage contract contains, what types of brokerage contracts there are and whether you can revoke it are explained below.
Contact
Engel & Völkers Germany
Vancouverstraße 2a
20457 Hamburg, Germany
Tel: +49 40 361310