Capital investment Darmstadt – Darmstadt is located at the southern end of Hesse, which recently likes to officially call itself a “science city”. This is not only due to the “Technical University”, but also to the numerous technology companies that have been specifically located there. We talk to a real connoisseur of the city and […]
Bestellerprinzip – In order to protect prospective tenants from the additional burden of paying the broker’s commission, the Bestellerprinzip applies. This means that whoever commissions an estate agent with the procurement of a prospective tenant for a rented flat must pay the agent’s commission. If the broker violates the principle by charging fees for a […]
Rent increase – The increase of the rent can have different reasons. For example, the landlord has the right to increase the rent if he wants to carry out modernisation measures or to adjust it to a general rent increase. However, the rent may only be increased 15 months after the last rent increase at […]
Landlord certificate, landlord confirmation – If you move into an apartment or a house, the so-called landlord certificate is always an important issue that should be considered to avoid unnecessary costs. It was introduced due to a large number of so-called bogus addresses, which were often used for criminal activities. Landlord certificate – What you […]
Warm rent – In addition to the cold rent, the warm rent also includes the warm operating costs. The warm operating costs include the heating and hot water costs of a household, and thus also the maintenance work of the heating and chimney sweep costs. The tenant pays these costs to the landlord, who transfers […]
Gross rent – Gross rent is when all ancillary costs for a rented property are directly included in the rent and no further costs are incurred. A distinction is made between the gross warm rent and the gross cold rent. In the case of the warm rent, all operating costs are included, whereas in the […]
Index rent – Index rent is a variable rent, which means that an agreed basic rent is changeable. It is therefore a written agreement where the rent may only refer to the consumer price index (CPI). However, if the contract refers to any other index, it is invalid. Furthermore, the rent must remain unchanged for […]
Standard land value (Berlin) – The standard land value refers to the land and the undeveloped property. This is the average site value in euros per square metre for the land in an area, taking into account the different development status. In Berlin, the standard land values from 1964 until today can be queried online […]
Annual statement – Each condominium owner is obliged to bear the costs of common property, maintenance and repair of common use, which are recorded and settled in the annual statement. The costs to be paid include operating costs such as street cleaning, refuse collection and property and liability insurance, but also heating costs. The annual […]
Annual freeze period – If the landlord wants to increase the rent, he can only demand this if the rent has been unchanged for 15 months. These 15 months are made up of the 12 months of the annual freeze period and the three months of the tenant’s cooling-off period. The annual freeze period is […]
Purchase does not break tenancy – The purchase of a property does not break the tenancy. This means that if an owner wishes to sell their rented property, the purchaser continues the tenancy as the new landlord. This means that the new landlord is bound by the lease and, accordingly, he cannot cause the tenant […]
Rental agreement – The rental agreement is a written contract prepared by the broker for the tenant and landlord. This contract must form the basis of any tenancy in order for the relationship to stand up legally for both parties. The lease contains the obligation of the landlord to grant the tenant the use of […]
