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. Our guide: selling tips. This means that the new landlord is bound by the lease and, accordingly, he […]
Rental agreement – The rental agreement is a written contract prepared by the broker for the tenant and landlord. More on Lukinski. 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 […]
Rental deposit – The rental deposit is a classic security deposit that the tenant pays to the landlord. Visit Lukinski.com. The purpose of the rent deposit is to protect the landlord in the event that the tenant can no longer meet his contractual obligations and pay the rent. The tenant is allowed to pay this […]
The term rent defines a consideration received by a lessor from a person renting for the use of a thing. The use granted by contract is limited to a fixed period and differs significantly from a lease. According to the German Civil Code, property is objects with solid, liquid or gaseous bodies. Among other things, […]
Brokerage – An amount of money that a real estate agent or real estate company receives when a purchase, rental or lease agreement is successfuly brokered. See also: finance guide. In real estate, these amounts are set by law and are based on the purchase price of a property or the set monthly rent for […]
Cold rent – The cold rent refers to the rental price, without the inclusion of additional costs. More financial tips: financial planning. 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 […]
The handover is an important date for both the old and the new tenant. The old tenant hands over his last claim to the property and the new tenant gets access to the property and can start moving in. However, there are a number of things that need to be taken into account on this […]
In most cases, the rent deposit amounts to three cold rents and is therefore a considerable sum. The landlord takes this as security in case the tenant does not pay the rent or does not leave the rental property as it was stated in the contract. If all goes well, the tenant should get the […]
