TRUST Real Estate Dictionary

Real Estate Vocabulary made simple

Real Estate Dictionary

Rental Cap Law (“Mietendeckel”), right of first refusal, conservation area regulations, annuity, special contribution, market value etc. - you might hear all those terms while investing in real estate. You do not need to know all terms that are used by real estate pros but knowing some might be crucial for your investment. We are shedding light on numerous terms used in the real estate industry in our real estate dictionary.

We are happy to discuss more complex topics regarding the real estate industry in a personal appointment. TRUST-AGN Holding is your trustworthy partner when it comes to real estate, because our know-how defines your success!

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Distances

Legally determined minimum allowed distances, e.g. from building to building or from buildings to roads.

Depreciation allowance

"This abbreviation stands for ""depreciation allowance"" and means the possibility of depreciation or tax deduction of leased real estate, since this is part of the operating expenses related to the depreciation of an asset."

Developer's model

This is a tax-saving model for builders, provided by the state, according to which some expenses during the construction phase may, under certain circumstances, be tax-deductible.

DIN

DIN is an abbreviation for „Deutsches Institut für Normung“. This is the publisher of regulations and designations for standardized components or building regulations.

Due diligence

Due Diligence is the administrative and partly technical examination and appraisal of a property for sale.

District heating

District heating system provides Energy for heating and hot water for an entire neighbourhood. The heat is transported from power plant in an insulated underground pipe system. District heating is mainly understood as the energy networking of entire neighbourhoods or cities.

Deposit

The deposit is used to secure all future claims arising from the tenancy, (§ 232 BGB).