The Limited Times

Now you can see non-English news...

Controversial law: second stage of the Berlin rent cap comes into force

2020-11-23T11:51:06.771Z


For many tenants in Berlin, it should work like a second Christmas bonus: From today, a clause in the rent cap will come into effect, which prescribes the reduction to the maximum value prescribed by law.


Icon: enlarge

Rental apartments in Berlin: upper limits, staggered according to year of construction and equipment

Photo: DPA

The second stage of the controversial rent cap in Berlin comes into force on Monday.

This means that landlords have to lower the rent if they exceed the upper limits stipulated in the law by more than 20 percent.

The Federal Constitutional Court rejected an urgent application from a landlord against the lowering at the end of October.

If the law declares it unconstitutional in the coming year, rents could be requested retrospectively.

With the first stage of the lid, the rents for almost 1.5 million apartments were frozen retrospectively to their status on June 18, 2019.

Rent may increase from 2022, but only by 1.3 percent annually.

In addition, upper rent limits were introduced, staggered according to the year of construction and equipment of the apartment.

The only exceptions are new build apartments that were ready for occupancy from 2014.

The law is limited to five years;

several lawsuits against this are pending in Karlsruhe.

Icon: The mirror

mik / AFP

Source: spiegel

All business articles on 2020-11-23

You may like

News/Politics 2024-03-27T16:06:05.529Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.