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Real Estate Glossary

Energy Performance Certificate

The German energy performance certificate (“Energieausweis”) provides details on a building's conditions in terms of energy consumption. This is a four-page document. The first page lists general information regarding building type, building age, and existing usable area. Pages two and three use a colour scale from green to red to rate the imputed or actual energy need of the building. If you acquired a condominium, you will usually receive a consumption-oriented energy performance certificate that was compiled on the basis of the actual quantity of energy the building consumed over the past three years. The certificate will also quote comparables for a variety of building types. Moreover, it will explain the technical terminology used, and list recommendations for possible modernisation measures.

The German energy performance certificate was introduced in 2007 by the German Energy Saving Ordinance (EnEV), and must be made available to you as potential condo buyer upon request – regardless of the building's age. The energy performance certificate is always compiled for the building as a whole, even if you are acquiring just one of its units.

Whether Prior to an Acquisition...

Even ahead of an acquisition, the Accentro Real Estate Encyclopaedia offers interesting facts and decision guidance: We will coach you through the first steps on your path to homeownership. For instance, it provides information on the process flow of a condominium purchase. It will also tell you what sort of documents you need in order to buy property, and where to obtain them.

... or after – Our Real Estate Encyclopaedia Provides the Answers You Need

Once you have bought a property, you may wonder who is going to manage your condo and how. After all, caretaking your property is one of your main obligations as a condominium owner. In addition to numerous tips and suggestions, you will find answers here to many questions involving the property management subject, such as: What does “individual freehold ownership” mean? What exactly do “condominium regulations” govern? And what does the term “condominium fee” imply? In addition, we elaborate subtle differences between terms such as “real estate management” and “corporate real estate management.”

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