2023

Judgment: Mandatory part penalty clause does not always apply

For a compulsory portion penalty clause in a so-called Berlin will to be valid, third parties must actually inherit something. If this is not the case, they do not face any sanctions. This has now been decided by the Higher Regional Court (OLG) of Frankfurt am Main (decision of 21.2.2023, 21 W 104/22). In the case at hand, the husband and wife appointed each other as sole heirs. The man had inherited from his previous marriage a...

Solid wood furniture: how to clean them

During spring cleaning should also be cleaned furniture surfaces. Especially with regard to the cleaning of solid wood furniture, however, there are a few things to keep in mind. The Initiative Pro Massivholz points this out. "Especially with solid wood surfaces, aggressive cleaning agents should be avoided and water should only be used sparingly," says Andreas Ruf, managing director of the Initiative Pro...

Shares: New sentiment indicator published

The "Sentiment Indicator Real Estate Stocks 2023" was recently published by Kirchhoff Consult AG, the Hamburg-based agency for financial and corporate communications. The sentiment indicator shows that the basic sentiment of analysts remains at a low level of 3.8 points (H1 2023). Previously (H2 2022), the basic sentiment of the analysts was still at 4.5 points, with the possible scale being a...

Safety: New leaflet "Building free of explosive ordnance" published

The Association for the Promotion of Fair Conditions in Construction has recently published a revised leaflet on the subject of "Building free of explosive ordnance". It not only explains the obligations of those involved in construction, but also provides information on the rules of conduct when explosive ordnance is found. In the leaflet, interested parties will find a flow chart for...

Energy efficiency: only minor differences between rental and owner-occupied apartments

There is little difference between rental and owner-occupied apartments in terms of energy efficiency. This is the conclusion of the "RWI - Leibniz Institute for Economic Research". On average, the difference is only 1.8 percent in terms of energy consumption per square meter. According to the researchers, this corresponds to a difference of two kilowatt hours per...

Judgment: Resolution required for pool construction in owners' association

Condominium owners are not allowed to make structural changes without further ado if the other condominium owners have not been informed about them or do not agree with them. Due to the so-called "obligation to pass a resolution", they must, if necessary, bring about a resolution to grant permission by way of an action to replace the resolution. This is the result of a ruling by the Federal Court of Justice (BGH)...

Garden furniture: these are the trends

Before the start of the garden season, the portal "schoener-wohnen.de" has identified and summarized the current trends. Furniture made of oak, pine or teak is still modern, beautiful and also relatively easy to clean. In addition, 2023 but also wicker furniture from rattan or willow are in the trend. Those who want to set accents, for example in the covers for the cushions of the garden furniture,...

Study: High willingness to invest for more sustainability

Germans not only have a heightened environmental awareness, they are also under increasing cost pressure. This is the finding of the study "Ecological Sustainability as a Driver of the Transformation of Housing in Germany," which was conducted by the Technical University of Darmstadt in cooperation with the real estate loan broker baufi24.de. Among other things, the researchers...

New construction and conversion: Fewer building permits issued

The number of building permits in Germany has fallen. That is according to figures recently published by the Federal Statistical Office. From 2021 to 2022, the number of building permits thus fell by 6.9 percent to 354,400 apartments. The figures reflect building permits for both new and existing housing. "The difficult mix of rising interest rates, strong...

Flood: researchers call for better warning systems

In Germany, early warning systems need to be improved and hazards communicated more clearly. This is the conclusion of a working group at the University of Potsdam. Immediately after the flood disaster in the summer of 2021, the working group asked those affected online how they had been warned about the flood. The results showed that 35 percent of respondents from North Rhine-Westphalia and 29 percent of...

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