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The declaration of division of a property in Hamburg: structure, content and function

If more than one owner is to be registered for a house, a condominium or a plot of land in Hamburg, a so-called declaration of division is required: This clearly defines the ownership structure between several people who together form the community of owners. If you are planning to buy a property in Hamburg and name more than one owner, you can use this article from your real estate agent Engel & Völkers Hamburg Elbe to find out what the contents of the declaration of partition are and what functions it performs for the community of owners.

  • 2 min read
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Selling your parents' house - what do you need to consider?

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.

  • 5 min read
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Your real estate portfolio - how should it ideally be structured financially?

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.

  • 3 min read
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Hamburg tenancy agreement, the model contract for legally secure tenancies

A standard tenancy agreement specifically for Hamburg tenancies is the so-called Hamburg tenancy agreement. It was developed by the Hamburg Landowners' Association. As a Hanseatic organisation representing the interests of private land and property owners, the model contract was originally created to provide assistance to its own members. Not only landlords but also tenants benefit from using the standardised Hamburg tenancy agreement. This is because the standardised tenancy agreement offers legal certainty for the entire housing market in Hamburg. But that's not all. Tenants and landlords of commercial property also have the opportunity to benefit from a commercial version of the Hamburg tenancy agreement. There is also a model contract for the letting of garages and car parks. All three Hamburg tenancy agreements have the same requirements and advantages. With Engel & Völkers Hamburg Elbe, you will also find fantastic flats and houses to rent or buy. Discover interesting properties with us in Baakenhafen, the Elbe suburbs and other districts of the Free and Hanseatic City of Hamburg. Find out more about the individual properties:

  • 2 min read
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Real estate commission – Everything you need to know about brokerage fees 2026

The real estate commission—also known as the brokerage fee or agent’s fee—is the compensation for the intermediary or proof-of-opportunity services provided by a real estate agent. Anyone looking to buy or sell property will quickly face these core questions: Who pays the agent when selling a house? How high are the fees when buying? And when is the payment due—after the notary appointment or earlier?

  • 4 min read
  • 27.01.2026
Visit Real estate commission – Everything you need to know about brokerage fees 2026
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Calculating living space - the right way!

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.

  • 3 min read
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How to handle buying and selling a home at the same time

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.

  • 3 min read
  • 26.04.2019
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Engel & Völkers Germany

Vancouverstraße 2a

20457 Hamburg, Germany

Tel: +49 40 361310