Posted at 16.09.2020 | | in Berlin Real Estate Talk, News
11th Live Event | Meet the Expert
Ban on converting apartment buildings into individual condominiums
In our free live chat on September 29th, attorney Tobias Scheidacker will answer your questions regarding the ban on conversion of apartment buildings.
According to the Senate Department for Urban Development and Housing, 12,689 rental apartments have been converted into condominiums in Berlin during the last year. Federal Building Minister Seehofer wants to legally authorize the administration to ban this conversion of rental apartments into condominiums in areas with a tight housing market for five years.
According to the bill, a conversion should only be approved in individual cases and only if:
- the property belongs to an inheritance and condominium ownership or partial ownership is to be established in favour of co-heirs or legatees
- the condominium or part of the property is to be sold to family members of the owner for their own use
- the condominium or part of the property is to be sold to at least two thirds of the tenants for their own use
- the preservation of rental accommodation is not economically reasonable or
- third party claims for the transfer of residential property or partial ownership cannot be met without the approval
If you are planning to convert into condominiums or if you have a general interest in this topic, you should not miss our 11th Live Event
In the live chat on September 29, 2020 we will discuss the following topics:
- How far is the bill on the conversion ban?
- What specific effects will the law have in which areas of Germany?
- What should apartment building owners do now?
- What should buyers of apartment buildings know now?
Expert: Lawyer Tobias Scheidacker
Mr. Scheidacker is a property law specialist. More information is available at: http://ikb-law.de/tobias-scheidacker/. You can find a blog by Mr. Scheidacker on the subject of real estate law worth reading at → hier.
A recording on the topic “Current situation with the “Mietendeckel”” you find → here.
Date: September 29, 2020
Time: 7 p.m.
Duration: approx. 60 min
Language: German & English
What are the “Live Events | Meet the Expert”?
The “Live Events | Meet the Expert” are free video chats with experts from the real estate industry. Here tenants, landlords, owners, buyers and everyone who is interested in the topic of “living in Berlin” can participate. Since it is sponsored by Black Label Properties, the experts are available to answer your questions free of charge. You do not have to be a Black Label Properties customer; you can register via email by filling out our form and asking your questions. You will then receive the access link for the video conference. To participate, you need a computer or smartphone and internet access. The camera and sound remain switched off during the video chat. That means you cannot be seen or heard. However, you can see and hear the experts and can also ask questions live in chat.
If you would like your personal data (first and last name and email address) to be deleted after the conference, please send us an email with the information. We will not share your information with third parties.
The questions are collected before the event. Mr. Achim Amann will moderate the program and pose the questions previously sent to the experts.
Frequently asked questions:
How does a video chat work and what do I need to know?
We use the software Zoom. We have our own company account there so that your data cannot be viewed by third parties. Participants in the conference will receive an access code and a link beforehand. You only need a computer or smartphone, but no microphone or camera as you do not become active yourself visually or via audio. But you are welcome to enter questions online in chat.
What questions can I ask?
There is a separate topic every 14 days. The experts come from the real estate industry and each expert stands for his area. Example: Specialist lawyer for tenancy law for questions from tenants and landlords, specialist lawyer for building law for building owners, specialist lawyer for administrative law for building applications, financing broker for building finance, etc. Please inform yourself in advance about the experts and their skills.
Why does Black Label Properties offer this?
In addition to our brokerage activities, we manage and rent out apartments and apartment buildings. Clients often ask the same questions. We are also often confronted with things that cannot be properly answered by an estate agent or property manager. These questions concern, among other things, legal or tax aspects. But also financial issues related to housing and real estate are asked.
Some of our customers shy away from costs and the effort to contact the experts. But that is a mistake. Especially when it comes to your apartment, your home or your retirement, you should collect as much information as you can. In times of “social distancing” appointments with such experts are not easy to get. We want to lower the hurdles for everyone here so that more people can get professional information and get specific questions answered.