Security Deposit (Kaution)
Security deposit (Mietkaution) in Germany: maximum amount, investment requirements, refund rules, and tenant rights under § 551 BGB.
Financial
§ 551 BGB
Auch bekannt als: rental deposit, tenancy deposit
The security deposit (Mietkaution) under German law may not exceed three months' net cold rent. The tenant may pay in three equal installments. The landlord must invest the deposit separately from their own assets and credit the interest to the tenant. After the tenancy ends, the deposit must be returned within 3-6 months. (§ 551 BGB)
Verwandte Begriffe
Passende Artikel
Beiträge aus dem CIRO Magazin, die diesen Begriff behandeln
