On April 1, 2020, an exemption from the landlord's termination right comes into force, which protects tenants against the loss of their apartment or commercial space in the event of late payment of the rent. However, this...more
1/29/2021
/ Commercial Leases ,
Commercial Tenants ,
Contract Terms ,
Coronavirus/COVID-19 ,
EU ,
Germany ,
Landlords ,
Rent ,
Rental Property ,
Tenants ,
Termination Rights
Tenants who cannot longer pay their rent due to the effects of the COVID 19 pandemic do not have to fear a termination of the lease agreement by their landlord due to late payment as per § 543 (2) clause 1 No. 3 of the German...more
German government plans to qualify usage restrictions due to state Covid-19-related measures as a disruption of the business basis of lease agreements. On 13 December 2020, the Federal Government and the Minister Presidents...more
1/28/2021
/ Business Interruption ,
Commercial Leases ,
Commercial Tenants ,
Contract Terms ,
Coronavirus/COVID-19 ,
EU ,
Germany ,
Infectious Diseases ,
Landlords ,
Regulatory Reform ,
Rent ,
Rental Property
With our blog post of December 14, 2020, we had already pointed out the corresponding legislative initiative. In record time, two new provisions on commercial leases (excluding residential leases) were subsequently adopted on...more