6Richtige
2009-06-27 13:57:54
- #1
Hello Cmajere,
there are several things to consider when building with a property developer. The additional costs of about 5% apply not only to the plot of land but to the entire property. The tax office is not stupid and recognizes these tied transactions. You can only avoid the 5% really with completely different purchases, land from private individuals, agents, municipality, etc., and house via a contract for work and building company.
Furthermore, you have to remember that when building through a property developer, you are not the owner of the property. Only when you have paid everything, the company still exists, and the land has been transferred to you, does it belong to you. So there can be problems if there are defects left at the end and you want to withhold money. Also, you have no right to the house keys and can even be expelled from the property.
It is best to get professional advice, have contracts and construction service descriptions checked, and only then sign.
there are several things to consider when building with a property developer. The additional costs of about 5% apply not only to the plot of land but to the entire property. The tax office is not stupid and recognizes these tied transactions. You can only avoid the 5% really with completely different purchases, land from private individuals, agents, municipality, etc., and house via a contract for work and building company.
Furthermore, you have to remember that when building through a property developer, you are not the owner of the property. Only when you have paid everything, the company still exists, and the land has been transferred to you, does it belong to you. So there can be problems if there are defects left at the end and you want to withhold money. Also, you have no right to the house keys and can even be expelled from the property.
It is best to get professional advice, have contracts and construction service descriptions checked, and only then sign.