Kaution is a German term that generally translates to a deposit or security bond. In different contexts, it means: 1. **Rental housing (Mietkaution):** A security deposit paid by a tenant to a landlord at the beginning of a tenancy, usually equal to up to three months' rent. It is held as a guarantee for any damages or unpaid rent. 2. **Legal proceedings (Bürgschaft / Kaution):** Bail or a financial guarantee paid to the court to ensure a defendant appears for trial. 3. **General contracts:** A financial guarantee or security lodged to ensure the fulfilment of contractual obligations.
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There are many misconceptions about Schufa. We will look at the most common ones below. What Schufa is and how to order it, we have discussed...
