Although prices keep rising, many people want their own property. You are then faced with the question: house or condominium? Your own budget should also be decisive, because an apartment is often cheaper to have than a house. If you decide to buy a condominium, you have to consider some special features compared to buying a house. The Condominium Act (WEG) is a legal requirement that regulates the treatment of jointly owned property in detail - but there are also individual regulations and contracts. Everyday life can be severely disrupted and finances can be severely attacked. WELT explains what you should pay particular attention to so that there are no nasty surprises later.
Underestimated pitfalls when buying a home: what to watch out for
2021-03-15T06:43:19.683Z
If you want to buy a condominium, you have to get involved in a community - the land and building have to be shared for years. If everything is not precisely regulated, it can be uncomfortable and expensive. There is one scenario in particular that you should definitely avoid.
Source: welt