Real estate: Rental law reform hits landlords hard – hundreds of euros less
What restrictions the reform plans presented now by Minister of Justice Hubig provide for owners and landlords - and how much they will change the market.
Germany's Federal Minister of Justice, Stefanie Hubig, has presented a new draft law to reform the country's rental law, which has been approved by the cabinet. The law, affecting around 5.5 million private landlords, introduces stricter regulations, new deadlines, and more severe rules to protect tenants. The proposed changes include a price cap for furnished apartments, a new grace period for rent arrears, and price limits for index-linked rents.
Landlords' association Haus & Grund has strongly criticized the plans, while the German Tenants' Association has welcomed them.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
