Special property
Individual-unit management (SEV) for a single owner within an HOA — separate accounting through to payout.
Special property management (SEV, Sondereigentumsverwaltung) handles an owner's let unit in addition to the shared HOA management. Rental income, costs and the unit's payments are kept separate and settled monthly for the owner.
At a glance
- Separate accounting per unit alongside the HOA
- The unit's tenancy fully mapped
- Monthly run with payout to the owner
Key features
Separate unit accounting
The unit's income and expenses are recorded and reported independently of the HOA's shared account.
Unit tenancy
The unit's tenant, rent and advance payments for operating costs are stored and kept up to date.
Monthly run
The unit's charges, incoming payments and costs are processed and reconciled each month.
Payout to the owner
The unit's surplus is calculated and made available as a payout to the owner.
In depth
Separate spheres per unit
Income and expenses of the individually owned unit are kept apart from the community assets of the association. This keeps it clear for each owner which amounts concern their rented unit and which belong to the community, without the two flows mixing.
Statement through to payout
From the recorded income and costs an owner statement is produced that shows the unit's surplus. The resulting balance forms the basis for the payout to the owner and stays linked to the underlying entries.
Frequently asked questions
How does SEV differ from HOA management?+
HOA management concerns the shared common property; SEV additionally handles an owner's individual, usually let unit.
Are rental and HOA accounts kept separate?+
Yes, unit accounting runs separately from the shared account, so rental income and HOA dues (Hausgeld) are not mixed.
When does the owner receive the payout?+
The monthly run determines the unit's surplus, which is then made available as a payout to the owner.