Rental Fee Limit

This option for new rentals of existing apartments is hardly possible with the new German regulation called "Mietpreisbremse" (rental price brake).

In detail this means:

• When renting a new property, you must make sure wether the location of the apartment is classified by the federal state as an area with a tense housing market. If so, the rental price brake will take place.
  
• If you have carried out a comprehensive modernization, you should check whether the rental price brake for this apartment does not apply due to the investment volume.
  
• When re-letting in affected areas, you should determine  the price, whether the upper limit of local comparative rent plus a maximum of ten percent is met.
  
• If you have effectively agreed in a valid rental agreement on a rent that is above the rental price brake, a reduction of the rent is not required - either in the current tenancy or new lease.