Media Team

Termination of lease by “utilization notice”

As long as tenants comply with their obligations in the lease agreement and pay their rent on time, they hardly have to worry about termination. For this to happen, a special situation must exist. This includes, for example, the so-called “utilization notice” by the landlord. What is it all about and what do you have to bear in mind?

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Changing apartments and waiting of the refund of your deposit?

Finally you have secured your new apartment, the boxes are packed, the deposit account is closed – the move should go smoothly like this. But often there are one or hurdles to overcome. It is particularly annoying when the old landlord makes life difficult and withholds the deposit. But is he allowed to do that? And what do tenants should know?

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The lease termination agreement

The statutory period of notice is stipulated in every rental agreement. It is usually three months, but a shorter period can also be agreed. Sometimes, however, it becomes necessary for the tenant or landlord to get out of the existing contract earlier. In such cases, a lease termination agreement can then be negotiated. In order to avoid later trouble, everything should be laid down as precisely as possible in it.

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Register own use

In many German cities, living space is in short supply. Prospective tenants come in droves to viewings, bring application portfolios with them, and yet in most cases have to continue their search. And even landlords sometimes find themselves in the situation of needing additional living space. In such cases, however, notice of termination to the tenant is only permissible if they properly register their own need.

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At what point is the purchase of a flat relevant for your capital formation?

The “experts” are very much at odds here. Until the low-interest phase, i.e. until 2009, it was common to advise mainly high-income clients (over €65,000 per year income) who already used a property themselves to buy a property as an investment. This changed with the low interest rates and rising rents. In the meantime, less

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What advantages are there to leasing my apartment in Berlin short-term?

The process of enabling Black Label’s letting and management company to gradually take over responsibility of your Berlin apartment usually begins with discussing whether you are looking to lease your apartment long term or whether you want to furnish the apartment and lease it for a limited time period as a serviced apartment in Berlin.

What advantages are there to leasing my apartment in Berlin short-term? Read More »

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