ETW found, notary probably only in 2021. Broker fee?

  • Erstellt am 2020-11-19 14:10:40

ypg

2020-11-19 14:52:34
  • #1


Does that apply to everyone? Well, maybe... I'm not so involved anymore.
Nevertheless, the start of the contract always applies, not a change in the law. So the change in the law applies to new contracts, but not to existing contracts.
There are certainly others here who can describe it better and are more knowledgeable...
 

thesit27

2020-11-19 14:59:25
  • #2
Allegedly from 12/23/2020. For private sales of [ETW] and houses. Commercial businesses are excluded.
 

nordanney

2020-11-19 15:32:44
  • #3
I have to disappoint you. The law (effective from 23.12.) applies to brokerage contracts that are concluded from the date it comes into force. The transition period is intended to give brokers the opportunity to adapt their business practices to the new legal situation.
 

thesit27

2020-11-19 15:36:38
  • #4
Okay, I kind of suspected that. Thanks for the info! That means the timing of the contract between the agent and the seller is decisive and not the notary appointment?
 

nordanney

2020-11-19 15:41:14
  • #5
Yep!
 

thesit27

2020-11-19 16:12:42
  • #6
Are you a broker? I just received information from an acquaintance who sold his apartment on 01.11.2020, that the broker pointed out to him that he should accept the purchase price (and not schedule any more viewing appointments to achieve a higher price), because if the seller had backed out and he only had a buyer in 2021, he would have to pay half of the broker fees.
 

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