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Half-timbered houses on Weißgerbergasse in Nuremberg

Photo: Robert von Oliva, CC0, via Wikimedia Commons

Services for property owners

Comprehensive property management services – everything from one source.

Our services at a glance

WEG Management (Owners' Associations)

As WEG manager we look after the common property of an owners' association under the German Condominium Act (WEG) – from preparing and chairing the owners' meeting to the budget, the annual statement and carrying out resolutions.

  • Organisation of owners' meetings
  • Budget planning and annual financial statements
  • Implementation of resolutions
  • Maintenance planning
  • Management of service providers
  • Transparent communication with owners

Individual Unit Management

For let condominium flats we handle everything relating to your individual unit: tenants, rent payments, the service charge statement and repairs – with regular reports to you.

  • Tenant relations
  • Rent collection and payment reminders
  • Service charge accounting
  • Arranging and overseeing repairs
  • Apartment handovers and inspections
  • Regular reports for owners

Rental Management

We manage let houses and flats from finding a tenant to the end of the tenancy – with credit-checked tenants, carefully drafted leases and ongoing support throughout.

  • Marketing of vacant apartments
  • Credit checks for new tenants
  • Drafting of lease agreements
  • Ongoing management of the tenancy
  • Rent increases in accordance with statutory regulations
  • Management of lease terminations and handovers

Commercial Management

For offices, shops and warehouses we provide commercial and technical management – from commercial leases and service charge statements to letting vacant space.

  • Management of offices, retail units, and warehouses
  • Lease administration and commercial contract management
  • Service charge and operating cost accounting
  • Coordination of maintenance and technical facility management
  • Support with tenant acquisition and vacancy marketing
  • Regular reporting for commercial property owners

Mixed-Use Management

For buildings with both flats and commercial units we keep both sides in view – with separate statements and the legal rules that apply to each.

  • Combined management of residential and commercial units
  • Separate accounting for residential and commercial tenants
  • Coordination between owners and commercial tenants
  • Compliance with differing legal requirements per unit type
  • Maintenance planning for shared mixed-use areas
  • Transparent reporting for all owners and tenants

Frequently asked questions

How does changing property manager work for an owners' association (WEG)?

The owners decide on appointing and dismissing the manager by resolution at the owners' meeting (Section 26 WEG). The current manager can be dismissed at any time; their contract then ends no later than six months after the dismissal. We help prepare the resolution and take over documents, accounts and ongoing matters in a structured handover.

Which documents are needed for the handover?

Typically the declaration of division (Teilungserklärung), the collection of resolutions, the latest annual statements and budgets, account and reserve balances, the list of owners and all running contracts such as insurance, maintenance and caretaker services.

What does property management cost?

That depends on the size, type and condition of the property. After a first meeting you receive a quote tailored to your property – free of charge and without obligation.

What should I do in an emergency, e.g. water damage?

Report the damage via our online damage report and also call us on 0911 30024389. If people are in danger, you smell gas or there is a fire, call the emergency number 112 immediately.

Which service fits your property?

Tell us briefly about your property – in a free first meeting we work out together which kind of management you need.

Contact
WEG, Rental & Commercial Management Nuremberg | WERT