{"id":517,"date":"2016-01-29T09:49:29","date_gmt":"2016-01-29T09:49:29","guid":{"rendered":"http:\/\/kleisel.baucom.eu\/?page_id=517"},"modified":"2016-02-24T11:57:21","modified_gmt":"2016-02-24T11:57:21","slug":"grunddienstbarkeiten-und-reallasten","status":"publish","type":"page","link":"https:\/\/immonetworx.expert\/en\/grunddienstbarkeiten-und-reallasten\/","title":{"rendered":"Easements and encumbrances"},"content":{"rendered":"<div class=\"su-heading su-heading-style-default su-heading-align-center\" id=\"\" style=\"font-size:30px;margin-bottom:20px\"><div class=\"su-heading-inner\">Easements and encumbrances<\/div><\/div>\n<span style=\"font-size: medium;\">The legal regulations relating to easements and encumbrances are set out in sections 1018ff. and 1105 ff. of Germany\u2019s Civil Code (B\u00fcrgerliches Gesetzbuch, BGB). These can have a significant influence on the value of a property. The following are some examples:<\/span><\/p>\n<ul>\n<li>Right of way<\/li>\n<li>Right of residence<\/li>\n<li>Life annuities<\/li>\n<li>Right of usufruct<\/li>\n<li>Life interests<\/li>\n<li>Attendance and care obligations<br \/>\netc.<\/li>\n<\/ul>\n<p><span style=\"font-size: medium;\"> You can find definitions of these and many other property industry terms in this\u00a0<a href=\"http:\/\/www.ivd.net\/der-bundesverband\/service\/immobilien-lexikon.html\" target=\"_blank\">online-Lexikon<\/a>.<\/span><\/p>\n<p><span style=\"font-size: medium;\">All these rights and\/or obligations are associated with recurring commercial advantages and disadvantages. Value is calculated as capitalisation over a given period of validity, for example the statistical life expectancy of the right-holder. \u201cCapitalisation\u201d means calculating the cash value of the commercial advantages and disadvantages on a given date.<\/span><\/p>\n<h2>Attendance and care \u2013 a special case:<\/h2>\n<p><span style=\"font-size: medium;\">Caring for relatives is a considerable undertaking and an extraordinary service to society. Lay care means taking responsibility for a wide range of activities and services that may change with the duration and degree of care required. A distinction is drawn between attendance (=household assistance) and care (= long-term support for regular and usual activities as part of day-to-day living as set out in section 14 of Germany\u2019s Social Code, Sozialgesetzbuch XI).<\/span><\/p>\n<p><span style=\"font-size: medium;\">Establishing a value for care obligations includes using empirical variables to calculate the estimated costs across the statistical remaining life expectancy of the care receiver(s). This will incorporate the rising level of care required with age and the increased costs associated with this. To make this calculation, we make use of specialist software that is approved by experts in the field and is based on the findings of official German care statistics. We have provided an anonymised sample appraisal for your inspection <a href=\"https:\/\/immonetworx.expert\/wp-content\/uploads\/2016\/02\/Wart-Pflegeverpflichtung.pdf\" target=\"_blank\">here<\/a>.<\/span><\/p>\n<p><span style=\"font-size: medium;\"> A property encumbered with care obligations will suffer a considerable reduction in value.<\/span>","protected":false},"excerpt":{"rendered":"<p>The legal regulations relating to easements and encumbrances are set out in sections 1018ff. and 1105 ff. of Germany\u2019s Civil Code (B\u00fcrgerliches Gesetzbuch, BGB). These can have a significant influence on the value of a property. The following are some examples: Right of way Right of residence Life annuities Right of usufruct Life interests Attendance [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-517","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/immonetworx.expert\/en\/wp-json\/wp\/v2\/pages\/517","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/immonetworx.expert\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/immonetworx.expert\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/immonetworx.expert\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/immonetworx.expert\/en\/wp-json\/wp\/v2\/comments?post=517"}],"version-history":[{"count":13,"href":"https:\/\/immonetworx.expert\/en\/wp-json\/wp\/v2\/pages\/517\/revisions"}],"predecessor-version":[{"id":665,"href":"https:\/\/immonetworx.expert\/en\/wp-json\/wp\/v2\/pages\/517\/revisions\/665"}],"wp:attachment":[{"href":"https:\/\/immonetworx.expert\/en\/wp-json\/wp\/v2\/media?parent=517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}