Broker commission calculation leasehold

Possibly would be "discounted" with a negative interest rate??

Maybe it would be "discounted" with a negative interest rate??

That does not fit the text of the calculation. The base interest rate of the Deutsche Bundesbank is negative. The key interest rate of the ECB is 0.

From the Bundesbank's side: The fixed interest rate for the latest main refinancing operation of the European Central Bank on December 31, 2019, is 0.00% and has thus remained unchanged since the last amendment of the base interest rate on July 1, 2019 (the fixed interest rate for the last main refinancing operation in June 2019 was also 0.00%).

From this, a base interest rate according to the Civil Code of -0.88% (previously -0.88%) is calculated with effect from January 1, 2020.

The new base interest rate will be published in the Federal Gazette issue of January 6, 2020.

Doesn't that then mean -0.88%?

The text from you does not say "Basiszins gem. Baugesetzbuch," but "Basissatz der EZB." Why should one then calculate with -0.88%? But even with that, you do not arrive at such horrendous numbers. Just google how to calculate present value. Then you can calculate it yourself.

P.S. There is no "real" base interest rate called by the ECB.

This commission/brokerage fee is earned and payable upon notarization of the main contract by the principal/leasehold beneficiary to the company xxxImmobilien, owner xxx xxx.

Something else: I find this wording with the slash very ambiguous. Would there be a chance to shift the costs to the principal, presumably the seller, if one were to push for it? Assuming no other contracts or documents were signed that are more explicit.

Hi, thanks for the info!

Sure, our mistake. We should have asked for exact numbers (fees, etc.) beforehand and gotten them in writing... You never stop learning... Never take anything for granted, especially when a lot of money is involved

But we have “only” submitted a leasehold contract and a one-sided purchase offer that is supposed to be accepted in 10 years.

Since the property transfer tax was calculated at the reduced rate (about €2500 for me with the 308 m²), we both assumed a maximum of about €6,500 in fees for the broker (5.99% of €108,000)

The broker contract also contains exactly this wording “Basiszinssatzes der EZB.”
In the event of a legal dispute, would the existing “fixed interest rate” of the ECB or the “basis interest rate” of the Bundesbank more likely be meant or applied?

Because at minus 0.88%, much less than half the value would result over the term