Recalculation of building insurance and property tax

Hello everyone,

I am new here in this forum, but I have already read some topics here.

A few weeks ago I bought a house.
Since it is my first house purchase, many things are of course new to me.

Among other things, I have the following question:
The previous owner sent me an invoice.
With this invoice, I am supposed to pay him a proportional share of the building insurance and property tax until the end of 2012.

Is this a usual procedure or are these costs not supposed to be settled afterwards?
Unfortunately, I found nothing helpful on this with the search and my friend Google.

Thanks in advance for your help
Horst

Hello Horst,

Is this a usual procedure or are these costs not to be recalculated?

No.

You have acquired a house, the tax office has paid the GEW - so the tax authority knows that you are the homeowner, it will inform the responsible municipality and they will send you the property tax assessment notice proportionally for the remaining months in 2012. The previous owner will be refunded any excess money after the final settlement (for example, waste disposal fees may have increased during the last months).

You can take over the insurance, but you don't have to; I would also be surprised if the parameters of the previous owner regarding building insurance would match your requirements.

Kind regards

@Bauexperte
You are wrong about the property tax.
Property taxes are annual taxes, even if they are collected quarterly.
The person who owns the property as of January 1st of the year pays the tax for the entire year.
I have dealt with this issue several times at work and it could only be resolved through passing on the cost.

Source:
§ 9 GrStG Key date for the assessment of property tax, occurrence of the tax
(1) Property tax is assessed based on the circumstances at the beginning of the calendar year.

(2) The tax arises at the beginning of the calendar year for which the tax is to be assessed.

Hello Musketeer,

You are wrong about the property tax...

Thank you for the hint!

I have not had such a case here yet; it could always be resolved easily through rewriting.

Kind regards

Thank you for your quick responses.

I conclude:
- I have to pay property tax proportionally.
- Insurance does not have to be paid proportionally, as it is billed on a daily basis anyway.

Correct?

Thank you for your quick responses.

I conclude:
- I have to pay property tax proportionally.
- Insurance does not have to be settled proportionally since it is billed on a daily basis anyway.

Correct?

Settle property tax in writing + by bank transfer; as proof,
in case the municipality demands more later?
The municipalities in Germany are almost 50% bankrupt anyway – you have to protect yourself, otherwise
double collection

Insurance is the seller’s matter; he has to observe his cancellation deadlines.
The new owner takes out his own insurance.
What a mess.