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Contaminated land: Liability, indemnification and insurance

Conta­m­i­nated sites represent a risk that should not be neglected, especially when acquiring commercial real estate. If they are not recog­nized in time or even ignored, this can lead to high costs. But who pays for these costs? And how can I, as the seller of a...

Loan fees in home savings contracts

In its court ruling of November 8, 2016, XI ZR 552/15, the Federal Court of Justice (Bundes­gerichtshof — BGH) also declares loan fees in home savings contracts to be unlawful; limitation issue Important note: the the Federal Court of Justice (Bundes­gerichtshof —...

Buying real estate – especially: Buying a condominium

When buying a condo­minium, from the point of view of the buyer, it is important that the purchase contract is legally in order and not to the detriment of the buyer. In addition to the purchase contract, the decla­ration of division (Teilungserk­lärung) must...