Unternehmergesellschaft / UG (haftungsbeschränkt) – The Unternehmergesellschaft (haftungsbeschränkt) is a German legal form based on the legal form of the Gesellschaft mit beschränkter Haftung (GmbH). It is considered to be the little sister of the GmbH and is therefore often referred to as the “mini-GmbH”. Basically, there are only minor differences between the UG (haftungsbeschränkt) […]
A mortgage is an interest-bearing loan on a property. The definition of a mortgage simply explained is that you take out a new loan or pay off an old one and pledge your property as collateral. This means that your property belongs to your lender and if you default, the lender can sell your property […]
Pets – Whether animals may be kept in the apartment is not regulated across the board. Small animals such as fish, guinea pigs or budgies are generally always allowed. A clause in the rental agreement for the prohibition of pets in general is not permissible. Whether you want to keep a cat to cuddle or […]
