OLG Celle strengthens the rights of the buyers of „scrap iron real estates “

Logo of the BSZ® registered association. (openPR) - banks must data of the mediator to be added be able.
After a current decision of the OLG Celle of 13.02.2007 the buyer of a made too expensive real estate a loan with the financing bank could because of immoral damage on the part of the bank completely backcomplete.

The judgement represents in the opinion from attorney and BSZ® confidence lawyer István Cocron of the Kanzlei of CLLB attorneys a further milestone in the stabilization of victims so-called „scrap iron real estates “. The OLG Celle determined in the context of its decision that the financing bank missed it obligation-adversely to clear the buyers up over obviously wrong and bad-cunning data of the mediators.

Besides the bank would superelevated have estimated deliberately and systematically the market values of the objects which can be financed around on the average 40%, in order to increase their own loan paragraph, so the court in its grounds further. In addition the bank would have deceived the Erwerber of the real estate over the actual interest load, by concealing the interest subsidies flowed into the purchase price.

Thus the bank made itself liable to pay damages in the opinion the OLG Celle because of deliberate immoral damage in accordance with § 826 BGB and must place the buyer of the made too expensive dwelling in such a way therefore, as if it would have never transacted the purchase of the dwelling together with loan admission. The bank had to thus take over the scrap iron real estate and to exempt the buyer from the further loan commitments.

Attorneys and BSZ® of confidence lawyers István Cocron and Thomas Sittner, LL.M., of the Kanzlei of CLLB attorneys, who already represent a multiplicity of damaged investors of scrap iron real estates, guess/advise therefore the buyers of scrap iron real estates, expert examine to let their possible requirements, if the suspicion exists that the purchase price of the real estate was immorally superelevated.

Concerned ones can follow the BSZ® registered association investor protective association „scrap iron real estates and real estates back completion ". The admission into the BSZ® investor protective association costs uniquely 75.00 euro. This amount covers the handling charges of the BSZ® registered association. The further membership in the investor protective association is noncontributory. The requirement examination of the case by the attorneys does not release separate costs.

BSZ® federation for social and civilian right consciousness registered association.
Large room he STR. 36 A, 64807 the castle
Telephone: 06071-823780
Internet: www.fachanwalt-hotline.de
More directly left to the form for announcing for a BSZ® investor protective association:
www.fachanwalt-hotline.de/component/option,com_artforms/formid,4/Itemid,106

BSZ® federation for social and civilian right consciousness registered association.
Large room he STR. 36 A, 64807 the castle
Telephone: 06071-823780
E-Mail: bsz-ev@t-online.de
Internet: www.fachanwalt-hotline.de
Partner: Refuge Roosen

For the concerning of distressed investments frequently the question arises, how they are to behave, if the plant problems raises or stands before the total loss. To whom are they to turn Are they to throw to the bad still good money afterwards In this situation important arguments for the entry to a BSZ® investor protective association speak.

It showed itself in the past years that circumstances become in connection with distressed investments ever more complex and more complicated. For the decision over the concrete procedure it is therefore helpfully, as much as possible provable information for example over internal procedures with the investment trust to have over possible misdemeanours of the responsible persons or over the economic efficiency of any requirement opponents. Straight if many investors to a community unite, let themselves from this circle numerous useful information be collected. The BSZ® community of interests is for this approach place and forum.

With the provision of information alone it is however not yet done. For an expert support each individual case must be legally evaluated. Specialized attorneys procure this on the investment right.

The BSZ® registered association co-operates with Kanzleien, that belong to market watchers in this range in the opinion of to the best ones in Germany.

The lawyers have experiences of many years within all ranges of the investment right; they proved their abilities in addition by a multiplicity of upper or of the supreme court to judgements and by hundreds of comparisons for their mandators. The BSZ® registered association obtain the contact to those lawyers, who care for the community of interests concerned.

For the unique entry fee at a value of € 75.00 to a BSZ® investor protective association gives it the following achievements:

A anwaltliche Erstberatung, which points out,

• whether requirements exist,
• against which persons, enterprises and institutions these requirements are directed,
• the chances of success are as large and
• the risk of costs prosecution out of court or of a judicial is as high.
• For legal protection-insured investors a covering inquiry with the insurance


The BSZ® registered association does not co-operate with persons or enterprises, who develop, initiate or obtain investments. Therefore the support is comprehensive and not in any way reduced in the context of the investor protective associations.

The executive committee of the BSZ® registered association is independent and not instruction. Therefore it is free in the decision, which lawyer or which Kanzlei cares for an investor protective association.

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