Value ratio - your share of total property
What is the value ratio? - The definition
Die Value ratio describes the share of a single residential unit in the total value of a property and is often used in connection with condominiums in Switzerland. In addition to exclusive ownership of a specific apartment or business unit within a building, the value ratio also includes shared areas. The quota has several functions, including determining the Share of costs and burdens, which the respective owner must bear for joint property. That too voting rights Within the condominium owners' meeting, the value ratio is based on.
The value ratio is determined when the property is first entered in the land register and is presented in fractions such as hundredths or thousandths. For example, a share of 230/1000 means that the owner holds 23% of the total property, which includes both exclusive special property and shared common areas.
Calculation of the value ratio
The value ratio for every property is calculated individually and is not a pure area value, as qualitative characteristics are included in the calculation. The standard for the distribution of costs in accordance with Art. 712e ZGB is set by area or volume of special property and other factors. Important influencing factors include:
- Total area of the residential unit (living space and number of rooms)
- Living unit floor (e.g. attic apartments are usually given a higher weighting)
- orientation (a south-facing apartment is often given a higher weighting)
- Special use rights in adjoining rooms or outdoor areas (e.g. basement, garage box)
- Common areas such as bicycle parking spaces or hobby rooms
- Confounding factors such as noise or other immissions that can lower the value ratio
There is no uniform or legally defined calculation method, as each of these factors is weighted differently depending on location, construction and building type.
Change in value ratio
The value ratio is originally set for new buildings and is usually unchanging. However, there is exemptionsthat require adjustment. In the event of structural changes that affect the ratio of living spaces, a Adjustment in the land register become necessary. Examples of such measures include the construction of a roof terrace or the extension with an extension.
In these cases, all condominiums must agree to an adjustment of the value ratio, and the planning documents (e.g. floor plan and architectural documentation) must be disclosed. If no agreement is reached, the owner can obtain an adjustment of the value ratio through court.
Summary: Why the value ratio is important
The value ratio is a decisive factor for Administrative and cost management within condominium owner communities. It influences both financial obligations and Voting rights and therefore has a major influence on ownership rights and obligations. For successful calculation and adjustment, it is often worthwhile working with an experienced real estate expert or lawyer to document the share of the value in a legally secure manner.
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