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Distribution of co-ownership shares (MEA)



- Total living space = 1000 MEA
- MEA calculation: individual living space / total living space x 1000 = MEA

Example:

An MFH with 4 residential units is to be converted into residential property. The sharing owner wants to calculate the MEA according to the living space. Whg a = 83m²; Whg b = 106m²; Whg c = 91sqm; Whg d = 64m². How big are the individual MEAs in thousandths?

Total 344 m² = 1000 MEA

Whg a = 83 m² = 241/1000 MEA
Whg b = 106 m² = 308/1000 MEA
Whg c = 91 m² = 265/1000 MEA
Whg d = 64 m² = 186/1000 MEA


Convocation of the owners' meeting

Ordinary owners' meeting
- once a year
- Called by: administrator; Administrative Advisory Board (no administrator available or refusal by this)
Extraordinary owners' meeting
- §24 WEG - more than 25% of the owners registered in the land register

Preparation of the meeting:


- Prepare report on closed marketing year
- Collecting motions for resolutions  check for legal validity
- Preparation of annual accounts and business plans
- Report on the processing of the most recently resolved decisions

Compilation of agenda items (TOP):

Process (basic principle) :

- Welcome and determination of quorum
- Management report on the past year
- Present and decide on the annual statement
- discharge of the administrator (disclaimer for last year)
- Present and decide on the business plan

Additional TOP:
- Decisions on: maintenance / setting
- Agreement on structural changes
- New appointment of the administrator (first appointment: max. 3 years; extension: max. 5 years)

Community economic plan:

Definition: Statement of expected income and expenditure for the management of the common property for the calendar year

Lineup:

- Community income: income from rented community property; User fees (rental of parking space to third parties); Payment of house fee by owner (costs and charges of community property); Interest income
- Estimated total expenditure: operating costs (without property tax); Administrative expenses; Expenses for maintenance of value (maintenance costs)

From this, the individual business plan is created for each owner.  Proportionally shared costs and burdens of the homeowner (distribution key ) + contribution to the maintenance provision (to be kept in a separate account and to earn interest)

Decisions and agreements


Definition: majority decisions within the community. Binding for owners who voted for it and those who voted against. They also apply to new owners.

Types of resolutions:

Simple majority: over 50% of the owners present

Qualified majority: over 50% of all MEAs entered in the land register

Double qualified majority: ¾ MEA by heads, simultaneously more than 50 of all MEA of all owners registered in the land register

Unanimity: all owners present or their representatives

All votes: 100% of the owners in the land register

Protocol types:

History log : playback of the entire history of discussions and decisions
Results protocol: reproduction of the decisions taken

Minimum protocol content:

- Place and date of the meeting
- Beginning and end
- Presence
- Agenda
- Correct invitation
- Determination of quorum
- Rules of procedure
- Exact decisions
- Voting results
- Record times of absence of individual owners

(Minutes with minimum information = original protocol)

Signature of the minutes by : administrator, possibly advisory board representative, owner
Posted by User at 4:32 AM No comments:
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Berlin table rule


The "Berlin table rule"
In tenant or buyer markets - so there is an oversupply of real estate or rental properties - owners like to turn on several brokers, who then often send their exposés to the same potential buyers. This is especially true for commercial properties, which are often particularly difficult to market. If negotiations and a contract are now concluded, the question arises as to which broker has now provided the actual proof and earned his commission. And in the end, some realtors go out of their way with all their efforts. Against this unfortunate background, the "Berlin Table Rule" was invented, which has meanwhile spread nationwide. This rule is important for the broker, since it is clarified in advance whether his commitment to an object could be worthwhile at all.
The procedure of the "Berlin table rule" works as follows: The broker creates an outline and sends it to his customers. If a customer shows interest, the broker sends the owner or landlord the name or a list of several names of interested parties and asks the owner for customer protection. The prerequisite is that the broker's client does not know the names transmitted and these have not yet been named by another broker. If the owner agrees and grants customer protection, the broker can now exclusively take care of these interested parties and initiate a contract. The first step is - hence the name of the process - to bring the potential customer "to the table". Specifically, this means that the owner, broker and prospect are interested in the property or visit the premises to be rented together. If a contract is concluded, the broker receives his commission from the client.
However, not every owner complies with the broker's request to provide customer protection. This may be due to the fact that the owner has already given customer protection to another broker or that the named prospective tenants are already known to him. Any results-oriented broker will now cease activities on the property in question

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