Do I have to pay the homeowner association fee (“Hausgeld”) per month or per year?
The homeowner association fee (“Hausgeld”) is an important point of the monthly costs for people investing into real estate in Germany Everyone who owns a house, apartment, or other real estate property in Germany has to pay a fee to the homeowner association on a regular basis. This fee is to cover for the ongoing expenses that are incurred for the property, such as maintenance and upkeep costs, insurance, cleaning costs, etc. The amount of money varies depending on the property and the residential area. But how and when do you have to pay this homeowner association fee, and how is it composed? That's exactly what this blog post is about. Do owners have to pay the homeowner association fee per month or per year? In most cases, as a real estate owner, you will have to pay the homeowner association fee on a monthly basis. Often, the entire year's worth of the fee would officially be due at the beginning of the year, but in almost all cases, the payment is deferred and s