Cold rent – The cold rent refers to the rental price, without the inclusion of additional costs. Many landlords demand an advance payment for ancillary costs in addition to the cold rent. Depending on whether the actual consumption was higher or lower, the tenant is refunded the difference at the end of the year, or he must pay it in arrears.
Cold rent at a glance: Rent without ancillary costs
- Rental price without the inclusion of service charges
- In addition to the basic rent, an advance payment for ancillary costs is often required.
- Depending on the consumption, the difference is settled at the end of the year.
Back to the wiki: Real Estate