essential terms explained in plain language.
115 terms
Service charge statement — annual breakdown of operating costs (heating, water, maintenance) for your rental.
Owner — the legal owner of a property.
Land register — official register of property ownership maintained by the Amtsgericht.
Termination notice — formal cancellation of a contract (e.g. rental, employment, insurance).
Hiermit kündigen wir Ihren Mietvertrag fristgerecht zum 30.06.2024.
Tenant — the person renting a property.
Rental deposit — security deposit, legally capped at 3 months' net rent in Germany.
Rental contract — the legal agreement between tenant and landlord governing the tenancy.
Additional costs / service charges — costs beyond the base rent (heating, water, waste, maintenance) billed annually.
Landlord — the person or company renting out a property.