Joint property: fractional ownership and fractional community

Living

A fractional community according to the German Civil Code (BGB) exists when several people own a property or a right and can freely dispose of their shares. It is created by a contract or by legal regulations, for example in a homeowners’ association. It must be distinguished from a community …

Exemplary representation of fractional ownership

Up-and-coming East: a walk through Eisenbahnstraße in Leipzig

Property photo of Eisenbahnstraße in Leipzig
Experience

Eisenbahnstraße in Leipzig is also known beyond the borders of the Saxon metropolis. It has undergone a r…

From parking space to garden: the right of special use explained

Right of special use visualized using a garden
Living

The right of special use originates from the German Condominium Act. This is a legal entitlement with reg…

Index-linked rental agreements: Can graduated and index-linked rents be combined?

Woman examines index-linked rental agreements
Living

Landlords who want to counteract the effects of inflation are well advised to regulate tenancies using an…

Cost of living in Berlin: How expensive is Berlin really?

Portrait of Berlin city center at sunrise
Finance

When thinking about moving to Berlin, the following question is often decisive: Can I afford to live in t…

The preliminary purchase agreement: sense, advantages and costs

Invest

The preliminary contract can play an important role in the purchase of a property. By concluding a pre-sale contract, you as a buyer signal serious interest to a seller, but have not yet concluded a final purchase contract. This is useful if, for exa…

Consultation between 2 people on the subject of a preliminary purchase agreement

Real estate: definition, meaning and legal aspects

Consultation on the topic of real estate
Invest

The real charge is often used as security when selling real estate. It represents a right in rem to a pro…

Self-employed? This is how financing works!

Person with miniature house made of paper next to coins and a calculator
Finance

When buying an apartment or building a house, there are many costs involved. Only rarely do property buye…

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