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What is the declaration of division and why does it matter?
The declaration of division defines how the building is split into individual and common property and sets out the owners' rights and duties. You should study it carefully before buying, along with the community rules. We store both documents in the digital data room.
What should I know about the monthly fee and the maintenance reserve?
The monthly owners' fee covers running operating and administration costs as well as contributions to the maintenance reserve. Check the level of the reserve and the minutes of the owners' meetings to gauge planned measures. You receive these documents from us in full.
Which documents belong to a condominium?
Important papers are the declaration of division, the budget plan, annual statements, minutes of the owners' meeting, the energy certificate and the floor plan. These documents allow a good assessment of the community's condition. ESTAYA bundles everything in the exposé and the data room.
Can I rent out a condominium I have bought?
Renting out is generally possible as long as the community rules do not restrict it. Check for any provisions on usage and short-term letting. We support you in assessing the relevant points.
