KI - Kreth real estate                                                                                                                                                                                                                                 CEO: Silke Kreth                                                                                                                                                                                                                                 Sülfelder Weg 7, 22417 hamburg, germany                                                                                                                                                                                     Email:                                                                                                                                                                                                       Tax Office Hamburg Nord, Tax Number: 49/131/01176                                                                                                                                                                           VAT Identification Number: DE 267 164 285                                                                                                                                                                                 Supervisory Authority Free and Hanseatic City of Hamburg Nord,                                                                                                                                       Permission granted according to § 34c Trade Regulation                                                                                                                                                             Supervisory Authority IHK Hamburg, Permission granted according to § 30 AEVO 


Section 1 - Disclaimer Limitation of Liability The content of this website has been created with the utmost care. However, the provider does not guarantee the accuracy, completeness, and timeliness of the provided content. The use and content of the website are at the user's own risk. Contributions identified by name reflect the opinion of the respective author and not necessarily the opinion of the provider. By merely using the website of the provider, no contractual relationship is established between the user and the provider.

External Links This website may contain links to third-party websites ("external links"). These websites are the responsibility of their respective operators. At the time of the initial linking of the external links, the provider checked the foreign content for possible legal violations. No legal violations were apparent at that time. However, the provider has no influence on the current and future design and content of the linked pages. The inclusion of external links does not imply that the provider adopts the content behind the reference or link as its own. Continuous monitoring of the external links is not reasonable for the provider without concrete evidence of legal violations. If the provider becomes aware of any legal violations, such external links will be promptly removed.

Copyright and performance rights. The content published on this website is subject to german copyright and performance rights. Any use that is not permitted by German copyright and performance rights law requires the prior written consent of the provider or the respective rights holder. This applies in particular to reproduction, adaptation, translation, storage, processing, or playback of content in databases or other electronic media and systems. Content and rights of third parties are identified as such. Unauthorized reproduction or distribution of individual content or complete pages is not permitted and is punishable by law. It is only permitted to make copies and downloads of content for personal, private, and non-commercial use.

Privacy Policy 

Protection of Personal Data 

We would like to inform you about our privacy policy, which complies with the applicable data protection regulations in Germany. Here you will find information on the collection and use of your personal data when using our website. You can view this policy at any time on our website. Please note that the transmission of data over the internet, such as in email communication, may have security vulnerabilities, and complete protection against access by third parties cannot be guaranteed. The use of the contact information provided in our imprint for commercial advertising is expressly not desired unless we have given our prior written consent or there is already a business relationship with you. Both the provider and all persons mentioned on this website hereby object to any commercial use and disclosure of their data.

Personal Data 

Visiting our website is generally possible without providing personal data. To the extent that personal data such as name, address, or email address are collected on our pages, this is done on a voluntary basis, if possible. Your data will not be disclosed to third parties without your express consent. If there is a contractual relationship between you and us, is to be established, or if you have a question or inquiry regarding an exposé, we will use your personal data with your permission.

Storage and Use of Data 

We only store personal data for as long as necessary for the stated purpose, processing your inquiry, or fulfilling a contract. We will observe the applicable tax and commercial retention periods. In individual cases, we may provide information about this data (inventory data) to the competent authorities if this is necessary for the purposes of criminal prosecution, averting danger, fulfilling the legal tasks of the constitutional authority, the military counterintelligence service, or enforcing intellectual property rights.

Consumer Information on Alternative Dispute Resolution 

In accordance with Article 14(1) of the Online Dispute Resolution Regulation (ODR Regulation) and Section 36 of the Consumer Dispute Resolution Act (VSBG), we would like to inform you about the possibility of alternative dispute resolution. The European Commission provides an online platform for dispute resolution (known as the "ODR platform"), which you can access using the following link: . We do not participate in dispute resolution proceedings before a consumer arbitration board. *Source: Rechtsanwalt Nürnberg, Steuerrecht Hamburg, Übersetzer von Experten

Point 2 - General Terms and Conditions (GTC) for the Delivery of Property Exposés - Investment Properties - Business Clients Point 1 - The exposé provided to you is exclusively intended for you as the buyer and your company. The contents are to be treated as strictly confidential. Unauthorized disclosure of confidential information from this exposé to third parties or to your contractual partner companies, resulting in a notarial conclusion, will make you liable for damages to us in full commission amount. This applies to both you and your affiliated contractual and business partners, including companies, partner firms, and subsidiaries, with whom you cooperate and are contractually bound. a) Existing companies that seek assistance from third parties (such as investment companies, subsidiaries, cooperative firms, business and contractual partner companies, or similar) in the acquisition of properties to jointly process the purchase (Forward Deal, Joint Venture, Club Deal) are fully liable for commissions to us. b) In the case of hotels where a hotel operator jointly acquires a hotel with its business and contractual partner, with one party purchasing the hotel and the other party operating the hotel (hotel buyer/operator company), both parties are fully liable for commissions to us.

Point 2 - The information regarding the properties is based solely on the information provided to us by third parties. We (KI - Kreth real estate) cannot be held liable for any errors in this information. 

Point 3 - In our activities, we act as intermediaries for both parties, namely the buyer and the seller. This enables us to achieve a positive synergy between both parties. 

Point 4 - Prior knowledge: If you discover that you are already familiar with the property, the following conditions must be met: a) It must be ensured that the property has not been offered to you more than a year ago. b) The purchase price of the property must not deviate by more than 20%.

a) It must be proven that the property has not been offered to you in the last 12 months. b) The purchase price of the property must not deviate by more than 20%. c) The property must not have been developed so far unless there is already a building pre-application or building permit in place.

If conditions a), b), and c) are not met, it is not sufficient to inform us in writing that you have prior knowledge. These prior knowledge must be substantiated by appropriate written evidence. Otherwise, you remain liable for commission if you acquire the property. We reserve the right to conduct this examination for a period of 3 calendar years. If you wish to report verifiable prior knowledge to us, the sources must contain the following information: company name/agent, property details, price information, exposé, and date of delivery.

Point 5 - Brokerage Commission: In the event of a successful real estate transaction, the agreed commission amount (see information in the exposé / LOI agreement) is earned and due. The payment of the commission is to be made directly to us immediately after the notarization, and is to be paid by you directly. Payment can be made either in cash against invoice or by bank transfer according to personal agreement.

Point 6 - Substitute and Follow-up Transactions: Substitute and follow-up transactions are handled in accordance with the provisions in the terms and conditions stated in points 1 to 6.

Copyright 2023 © KI - Kreth real estate

Point 3 - Commission arrangement for commercial properties for business clients: Our brokerage commission is earned and payable once the property has been successfully mediated and the notarization has taken place. The payment of the commission is to be made by the buyer. Pre-existing knowledge that has been duly reported by you in accordance with the provisions in the terms and conditions stated in point 2 - Terms and Conditions for Exposé Delivery - Investment Properties - Business Clients, subsection 4.a), b), and c) will only be recognized.

Outside the established regulations, the possibility of a special arrangement exists through agreement or negotiation.

Point 4 - Terms and Conditions for a Brokerage Assignment for Residential Properties:

General terms and conditions of KI - Kreth real estate for residential properties:

Our brokerage activities are based on the information provided to us by the client. KI - Kreth real estate assumes no liability for the accuracy and completeness of this information. The sole responsibility for these details lies with the owner. KI - Kreth real estate cannot be held liable for these particulars in any way.

Through the concluded brokerage assignment, we are authorized to publicly advertise the property. This is necessary to find potential buyers for the property.

The points specified in the contract have been discussed verbally in advance and have been confirmed by a signature as an agreement.

Once KI - Kreth real estate has identified potential buyers for the property, the owner is obligated to provide us with the opportunity to arrange viewings with the potential buyers within 3 working days, subject to appointment availability.

If the owner possesses current property documents (e.g., land register extract), they are required to provide them to us for use in our negotiations. See form - Property Documents. In the event that certain property documents are missing, KI - Kreth real estate, as authorized by the owner's power of attorney, has the authority to obtain them from the relevant authorities.

The brokerage commission will be paid to us by the owner after successful notarization in accordance with the contractual terms. Withholding or offsetting our commission is expressly excluded. The agreed commission of 6% plus 19% VAT is payable immediately after notarization and must be paid to us.

KI - Kreth real estate acts as a mediator for both the seller and the buyer. This is the only way to ensure a successful real estate transaction that satisfies all parties.

The place of performance and jurisdiction for KI - Kreth real estate is located at the business headquarters in Hamburg. If one or more of the above provisions are invalid or have changed by law, the remaining provisions shall remain unaffected.

The revocation notice has been added separately to the contract, explained verbally, and recorded in writing.

2023 © KI - Kreth Immobilien

Point 5 - Terms and Conditions for the Delivery of an Exposé to Private Individuals

Revocation Notice: The revocation notice was introduced in June 2014, and therefore, we are obligated to adhere to it in writing. We would like to inform you that you will receive a written revocation notice from us simultaneously with the delivery of the exposé, either via email, mail, or personal handover.

Delivery of the Exposé: The exposé contains informative details such as property images, descriptions, address, and purchase price. Upon receiving the exposé, you can determine whether the property sparks your interest for purchase. For further information, viewings, and price negotiations, we are at your disposal.

Brokerage Commission: KI - Kreth real estate facilitates property transactions both with and without a commission requirement. Our commission is paid either by the buyer or the seller. If the exposé indicates that no commission is applicable, you will not incur any commission costs. However, if the exposé specifies a brokerage commission, you will be immediately obligated to pay the commission after notarization.

2023 © KI - Kreth Immobilien

Point 6 - Data Protection Law - GDPR - Validity from May 25, 2018

Data Protection Notice by KI - Kreth Immobilien ( • Visiting our website • Visiting our office • Contacting us by phone • Registration with your email address, by mail, or fax • Registration via an internet advertising portal • Joint search for a property for you (provision) by KI - Kreth Immobilien • Data Protection Notice for visiting our website - • These data protection notices for the use of our website apply from May 2018.

2023 © KI - Kreth Immobilien

KI - Kreth real estate informs as the responsible party that personal data of users will be processed when using the website: Personal data from you (e.g., email address, first and last name, address, telephone number - hereinafter referred to as "data" or "personal data") provided by you as a user through registration on the website (e.g., as part of contact inquiries, exposé requests, contact requests via the internet, or subscribing to a newsletter) will be processed. In addition, personal data transmitted by the internet browser is stored in log files. These data include, among other things, your IP address (Internet Protocol address), information about your internet behavior on the pages, date and time of access, as well as status messages about successful accesses and session ID numbers.

Purpose of processing your data: KI - Kreth real estate processes personal data of users for the following purposes: Fulfillment of your inquiries: We use your data to process your exposé requests, manage your contact inquiries, and send electronic newsletters with promotional information about property offers from us to you. Additionally, we use your data to enable you to register on our website. Technical administration and statistical analysis: We use your data for the technical administration of our website and for conducting statistical analyses. We also use it to detect fraudulent activities and prevent misuse. The legal basis for processing personal data for the purpose of direct marketing according to Article 6 of the GDPR is the legitimate interest in providing you with relevant property offers. Providing your personal data is voluntary. You can decide whether or not to provide us with your data. You also have the right to withdraw your consent to the processing of data you have already provided at any time. However, please note that a withdrawal may result in you no longer being able to use our website.

Method of providing personal data and possible consequences of refusal: For certain processing operations, we engage third-party companies such as IT service providers or hosting providers who process personal data as part of a data processing agreement. In addition, only authorized employees and consultants have access to the administration of the website. The processing of users' personal data is primarily carried out by ourselves and exclusively electronically through storage in our system. Data disclosure: In the event of a legal dispute, we may be obliged to disclose personal data in accordance with national or European laws. Storage and deletion of your data: We only store your personal data for the period required by applicable laws to comply with retention periods. Use of cookies: Cookies allow a website to recognize a user's computer and identify users who visit the website. There are different types of cookies for technical, analytical, and profiling purposes. For example, we use Google Analytics, remarketing, and retargeting cookies. Please note that you can refuse the use of cookies, but this may affect certain features and services of our website.

2023©KI - Kreth Immobilien 

Google analytics, remarketing, and retargeting: At KI - Kreth real estate, we use the service of google analytics to analyze user behavior on our website using web traffic statistics. In this process, information generated through cookies about the use of the website is usually transferred to a Google server in the USA and stored there. Right to withdraw consent regarding your data: To exercise your aforementioned rights and request information about your data, you can contact us via email at You have the right to access, rectify, erase, restrict the processing of your data, data portability, and object to the processing of your personal data. Furthermore, you have the possibility to lodge a complaint with the supervisory authorities.

You have the right to:

  • Obtain information about the processing of your personal data, the purpose of processing, and the methods of data processing.
  • Object to the processing of your data and request the erasure of your data from our records.
  • Privacy notice regarding visits to our office: These privacy notices are effective as of May 25, 2018. KI - Kreth real estate informs customers and prospects about the collection of personal data during a visit. The following data is collected in our system:
  • First and last name
  • Address information
  • Phone number
  • Information about the property search request or details about the property marketing (if applicable)
  • Email address, if you express the desire to receive future property offers from us based on your search criteria.

When you make a purchase through us, we store the following data from you: bank account information, identity details, copy of identification (in the case of a property purchase), land register extract, utility bill statements, purchase agreement, or financing proof. These data are stored for processing purposes, particularly for providing promotional information about the properties we market. The legal basis for this is Article 6(1)(f) of the General Data Protection Regulation (GDPR), which allows the processing of personal data for the purpose of direct marketing and represents our legitimate interest in fulfilling the contractual relationship.

Data disclosure: In the event of a legal dispute before a court, we may be required to disclose data in accordance with national or European legislation.

Storage and deletion of your data: We only store your personal data for the period required by applicable laws to comply with the relevant retention periods.

Right of withdrawal and exercising your rights

To exercise your rights and request information about your data, you can contact us at the following email address: You have the right to access, rectify, delete, restrict processing, data portability, object to the processing of your personal data, and the right to lodge a complaint with the supervisory authorities.

In summary, you have the following rights:

  • Right to access information about the processing of your personal data, the purposes of processing, and the modalities of data processing.
  • Right to object to the processing of your data at any time.
  • Right to request the deletion of your data from our records.

Please note that the exercise of your rights is carried out in accordance with applicable data protection laws.

The right of withdrawal regarding your personal data applies to all the contact methods mentioned above:

Through our website: During your visit to our office Contacting us by phone, email, mail, or fax Through an internet portal In the context of the joint search/supply of properties 

> Your text: Copy paste

Dear Sir/Madam,

I hereby would like to exercise my/our right of withdrawal and request the deletion of my/our personal data. I/we have already purchased another property and am/are no longer interested in receiving further advertising for properties from your company.

Thank you for your attention.

Sincerely, Max Mustermann 

2023©KI - Kreth Immobilien