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Real Estate

10 May 2019
Henrik Dornscheidt New legislation on rent increases due to modernisation – impact on investors

Germany - Noerr LLP

Tenants in Germany are generally well protected against rent increases in existing tenancies and high rent increases are uncommon; however, a major exception is when flats or houses are modernised. New legislation aims to offer tenants improved protection against abusive practices when modernisation work is announced and carried out and prevent them from being disproportionately burdened by rent hikes due to modernisation.

Author: Henrik Dornscheidt
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