Every property owner knows it and has to pay it: the property tax. Therefore, even before you buy a property or a plot of land, you should find out how high the tax costs will be in the future. In the following, we show you how to calculate property tax, when you are exempt from paying, and which Payment deadlines exist.
As a rule, every tenant receives an operating cost bill once a year. According to the German Tenants' Protection Association, this always leads to a large number of enquiries and requests for advice. Since this is a complex issue based on many different laws and contractual agreements, incorrect or unfounded billing can occur time and again.
Selling your parents' house - there can be various reasons for taking this step. For example, the sale of the parental home is often the result of an inheritance or if the parents wish to downsize in old age. However, this change raises a number of questions: Should one sell the parental home within the family instead of bequeathing it? And are children allowed to sell their parents' house when they are no longer legally competent? We explain these and other questions below.
An up-to-date energy performance certificate for house sales, which provides information on the energy status of a property, is one of the essential documents. Since the Energy Saving Ordinance (EnEV) of 2014, such an energy certificate is mandatory when you sell your property. In the following, we explain the most important questions about the energy certificate. You can also find more information on the topic of energy efficiency in our guide to energy-efficient refurbishment.
As a rule, when selling a house, costs are incurred not only by the buyer but also by the owner. However, these can be kept manageable with a few tricks. For example, if you take tax advantages into account, you can often save many thousands of euros. In this article you will learn what costs are involved in selling a house and how you can sell your house as cheaply as possible.
If you want to sell your house successfully, you need documents on all the important features of your property. Obtaining these documents is certainly one of the biggest challenges for owners. Countless documents are related to a building, but by no means all of them are necessary to successfully sell a property. On the other hand, the absence of certain documents, such as the energy certificate, is punishable by severe fines. In addition, many owners do not know for sure how and from which authorities they can obtain the necessary documents. In the following, we therefore present the most important documents for selling a house and show you how our real estate agents can help you obtain them.
If you are looking for a new property or even want to sell your property yourself, you will often come across terms such as living space or floor area. But what exactly do these terms mean and what is the difference? In this article we would like to clarify the topic of living space and show you how it is calculated.
Buying and selling a house at the same time can be a challenging prospect, but sometimes the market presents an opportunity that is simply too good to ignore. If you’re considering a significant offer with limited time or you’re keen to secure a prestige property before it’s snapped up, you may find that buying and selling houses or apartments at the same time is the only answer. In such cases, this is what you need to know.
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If a property is divided into condominiums according to the provisions of the Condominium Act (Wohnungseigentumsgesetz, WEG), the following applies: In most cases, the consent of the community of owners must be obtained for the change of use. When this is the case, i.e. whether the change of use requires (internal) consent, can be assessed on the basis of the so-called declaration of division.
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Adapting residential property for commercial use is a tempting prospect. Alongside traditional demand for workspace, 50% of people work out-of-office at least 2.5 days per week: and they often need their own desk. Whether you're joining them or taking advantage of the growing market they provide, deciding to convert your residential property to commercial is a smart choice.
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Engel & Völkers Germany
Vancouverstraße 2a
20457 Hamburg, Germany
Tel: +49 40 361310