Property Managers Allowed to Temporarily Reallocate Reserve Funds in Germany

A German court has ruled that property managers are permitted to temporarily reallocate money from reserve funds, which are typically saved for major repairs, for other purposes.

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fazGerman13d ago

Immobilien vor Gericht: Verwalter darf Geld aus Rücklage vorübergehend umbuchen

Wohnungseigentümergemeinschaften können gemeinsam auf größere Reparaturen sparen. Doch das Geld kann auch für andere Zwecke eingesetzt werden.

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Property Managers Allowed to Temporarily Reallocate Reserve Funds in Germany

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Immobilien vor Gericht: Verwalter darf Geld aus Rücklage vorübergehend umbuchen

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