MOVING
MOVING
How are common charges settled upon transfer?
When selling an apartment, the question often arises as to how exactly the common charges are settled between the seller and the buyer. Who pays what? And what if the final settlement is not yet available? The distribution follows clear principles, but the exact result depends on the timing of the transfer and the agreements made.
MOVING
Will you receive your contribution to the reserve fund back?
No, you will not receive your contribution to the reserve fund back when you sell your apartment. The reserve fund is linked to the apartment itself and not to you personally.
What exactly is the reserve fund?
The reserve fund is a mandatory savings fund of the Owners Association (Owners Association). It serves to finance future major works on the building,