Open a rental deposit account at the Sparkasse
“Better safe than sorry”: This could be the motto of all landlords who ask new residents for a deposit when signing a rental agreement. Because the deposit is not a must. As a rule, the amount of the security deposit is three months' cold rent, as stipulated in Section 551 of the German Civil Code (BGB). Depending on the size of the property and the rental price, you as a tenant can collect quite a bit of money. One way of paying the deposit is to open a rental deposit account with the Sparkasse.
What you need:
- Rental agreement signed by both parties
- Identity card
- Money for the administration fee of the Sparkasse
To the literal change of scenery at that relocation In a new rental apartment, there is also a change in finances almost automatically because most landlords ask for a deposit. If so, then you, as the tenant of an apartment or house, are obliged to provide a security deposit. This deposit can be used by landlords if your tenant is broke and can no longer or does not want to pay the monthly rent.
Present the signed rental agreement to the Sparkasse
- You can find out how to pay the deposit in individual cases in your new rental agreement. In addition to paying the deposit in cash to the landlord against a receipt or opening a savings account at the bank, a rental deposit account at the Sparkasse is also possible.
Opening a rental deposit account is relatively easy: you choose a savings bank you trust, if you are already a customer, the fee will be lower. Then all you have to do with the Sparkasse employee is the new one rental contract present and identify yourself with an identity card. The data for the deposit account are taken from the rental agreement and stored in the Sparkasse's computer system. Finally, all you need to do is sign the forms printed out at the Sparkasse and pay a fee. The amount of the account opening fee varies, but it is cheaper for existing Sparkasse customers.
Rent deposit account with the highest possible savings interest
For the duration of the rental period, neither you, the tenant, nor the landlord can reach the deposit amount, the Sparkasse will take care of that. While the rental security is fixed at the Sparkasse, the amount increases automatically from year to year by the savings interest that accrues over time.
Because in the event of a dispute at the end of a rental period, it depends on "pennies and pennies" and the interest on a rental deposit account Every landlord should inquire about the best possible form of investment for the amount of money choose.
For many years it was customary for rental deposits to be paid in cash to the landlord ...
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