Park164W
2019-08-24 08:51:04
- #1
Good morning,
I have a question for the experts. In 2016, we built a KFW house in a new development area and also lived in it ourselves. Unfortunately, our private situation has now changed, and we are considering renting out the house. Since we live in a very economically strong region, the value of the house has almost doubled since completion. Therefore, selling is not an option, especially since the statutes require 15% on the land price in case of a sale. My question would now be whether there are any issues with the KFW bank / house bank if the building is now rented out for profit? The municipality's statutes also do not provide for renting out a single-family house, but there are some neighbors who rent out their basement apartments, which is also not provided for. Maybe someone knowledgeable can help me?
Regards
I have a question for the experts. In 2016, we built a KFW house in a new development area and also lived in it ourselves. Unfortunately, our private situation has now changed, and we are considering renting out the house. Since we live in a very economically strong region, the value of the house has almost doubled since completion. Therefore, selling is not an option, especially since the statutes require 15% on the land price in case of a sale. My question would now be whether there are any issues with the KFW bank / house bank if the building is now rented out for profit? The municipality's statutes also do not provide for renting out a single-family house, but there are some neighbors who rent out their basement apartments, which is also not provided for. Maybe someone knowledgeable can help me?
Regards