Property insurance
— is building insurance designed to protect homeowners from financial losses associated with the damage or destruction of their residential buildings.
Landlord disputes
You have a dispute with your landlord, but no legal expenses insurance? A lawyer in such cases costs you an average of 250 euros/hour. For many, this turns out to be an unaffordable amount and people do not know what to do. This is especially relevant for those who have recently arrived in Germany. Many have faced problems precisely with their first accommodation, as there is no experience, the language is a bit weak, and there are quite a few unscrupulous landlords.
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.
Rental deposit in Germany: three cold rents maximum, payment in three instalments, what the landlord may keep, BGH case law and how to get your money back.
