Discover the meaning of real estate jargon thanks to Appartement.be glossary. here you will find difficult and essential terms explained in a simple way.
Glossary of terms overview – Appartement.be
- “Severe disability” according to Living in Flanders
- Family members in degrees
- Income replacement allowance (IVT).
- Declaring a property unfit and uninhabitable
- Declaring a property overcrowded
- Person in Charge
- Right of leasehold
- Right of superficies
“Severe disability” according to Living in Flanders
For allocating housing premiums(rent premium, rent subsidy) and social housing, Wonen in Vlaanderen works with the same definition of a severe disability. According to Wonen in Vlaanderen, persons with a severe disability are:
- persons declared permanently incapacitated.
- persons who lack at least 9 points on the medical-social scale on self-efficacy.
- persons declared at least 66% permanently physically or mentally disabled.
- persons who earn 1/3rd (or less) of what a person without a disability can earn in the general labor market (= reduced earning capacity).
- Persons whose earning capacity is reduced to 1/3rd (or less), after a period of primary work incapacity. And who had health and disability insurance during that work incapacity.
- persons receiving increased child support for children with disabilities or conditions.
Family members in degrees
- 1st degree: father, mother, son, daughter, fully adopted, fully adopted
- 2nd degree: grandfather, grandmother, grandson, granddaughter, brother, sister
- 3rd degree: great-grandfather, great-grandmother, great-grandson, great-granddaughter, uncle, aunt, nephew , niece
Income replacement allowance (IVT).
The Inkomensvervangende Tegemoetkoming (IVT) is a social benefit for persons with disabilities in Belgium, particularly in the Flemish Community. The IVT provides people who are unable to earn enough due to their disability with an income-replacement financial allowance. Besides the IVT, there are other social benefits and allowances for persons with disabilities in Belgium, such as the Integration Allowance and the Assistance to the Elderly with Disabilities (HBH). These benefits provide financial support to persons with disabilities and help them lead as independent a life as possible.
Declaring a property unfit or uninhabitable
The Flemish Housing Codex guarantees housing quality standards. Does your home not meet these standards? Then have the property inspected as soon as possible so you can repair the defects afterwards. Wonen in Vlaanderen checks your home and reports the results in a technical report. Is your home declared unsuitable or uninhabitable? Then your home will appear in the Flemish inventory of unsuitable and uninhabitable homes (VIVOO).
Declaring a property overcrowded
The Flemish Housing Code ensures housing quality standards. One of these standards is the maximum occupancy standard. This standard determines how many people your home is suitable for. If you exceed this number and this creates safety risks, health risks or degrading living conditions, your home is overcrowded. Wonen in Vlaanderen checks your home and reports the results in a technical report.
Person in Charge
A dependent is someone who depends on you for financial support. This could include your children or other relatives you care for. This includes:
- A minor child registered at your address or a child entitled to family benefits.
- A minor child who regularly resides with you or a child entitled to family benefits.
- A person recognized as severely disabled.
Right of leasehold
Right of leasehold is getting the right to use someone else’s land or property for a certain duration. You and the leaseholder enter into an agreement with all the details. The term of the agreement is at least 15 years and a maximum of 99 years. In exchange for the right of leasehold, you pay an annual fee called: canon or cijns.
Notice:
- During the period you have leasehold rights, you may not reduce the value of the land or property. (e.g. destroy, pollute, etc.).
- As leaseholder you lose your right to financial concessions from the Flemish Government. (e.g. Flemish rent premium, Flemish rent subsidy, etc.)
Right of superficies
Right of superficies is getting the right to build on someone else’s land for a certain duration. You enter into an agreement with the building lender with all the details. The term of the agreement is up to 99 years. In exchange for the right of superficies, you pay an annual fee called: canon or cijns.
Notice:
- During the period of your right of superficies, you may not reduce the value of the land or property. (e.g. destroy, pollute, etc.).
- As landlord, you lose your right to financial concessions from the Flemish Government. (e.g. Flemish rent premium, Flemish rent subsidy, etc.)
Sources: Dewaele Real Estate Services, GPedia, Handicap Belgium, Flanders, Wikipedia
Would you like to cite this article as a source? Then use:
Stiasteny, L. (2024, April 11). Glossary of terms – Appartement.be. Apartment.be. Accessed on (date XX/XX/202X), from https://www.appartement.be/begrippenlijst-van-appartement-be