4 ms·

>in germany and austria time limited renting contracts are illegal No they're not illegal. In Austria you see time limited rental contracts all the time, usual

>in germany and austria time limited renting contracts are illegal No they're not illegal. In Austria you see time limited rental contracts all the time, usually 3 years. It's rare to find unlimited rental nowadays as landlords want to make money.

em-bee 4y ago
oh, sorry, i just looked it up. you are right. austria does allow time limited contracts. 3 years is the minimum, however. you can't have shorter time limits. also after the first year the tenant may terminate the contract any time (with 3 months advance notice), the landlord may not. and there is another interesting detail: time-limited contracts must be 25% less than comparable unlimited contracts. this however is rarely enforced unless the tenant notices. (they can get back overpaid rent for up to 10 years). germany doesn't allow time limited contracts. there are only two exceptions. a time limited contract is allowed if the landlord can claim to need to use the property themselves after the end of the contract (which they can only do if they don't have multiple properties to rent), or if they have plans to tear down or renovate the building.
- ChuckNorris89 4y ago
  Yeah, but finding a decent place to rent in Germany is the real problem. It's nearly impossible as everyone is locked into their rental units and will never move. You basically have to wait for someone to die.
  - em-bee 4y ago
    but that's a problem everywhere that doesn't build enough new units to meet the demand. and i don't think it is any easier to buy a place. nor is it any easier to find a place to rent in the US.
    - ChuckNorris89 4y ago
      Sorry but no, it IS much easier to find a place to rent in the US. In Germany, the scarcity is so high that realtors can afford to ghost you left and right despite you having money and then when you finally get to view an apartment there's like 80+ people viewing it and only the one with the best portfolio (full of your private info that they normally shouldn't be allowed to have) gets it. This madness is nowhere near what it's like in the US.

em-bee 4y ago

oh, sorry, i just looked it up. you are right. austria does allow time limited contracts. 3 years is the minimum, however. you can't have shorter time limits. also after the first year the tenant may terminate the contract any time (with 3 months advance notice), the landlord may not. and there is another interesting detail: time-limited contracts must be 25% less than comparable unlimited contracts. this however is rarely enforced unless the tenant notices. (they can get back overpaid rent for up to 10 years). germany doesn't allow time limited contracts. there are only two exceptions. a time limited contract is allowed if the landlord can claim to need to use the property themselves after the end of the contract (which they can only do if they don't have multiple properties to rent), or if they have plans to tear down or renovate the building.

ChuckNorris89 4y ago
Yeah, but finding a decent place to rent in Germany is the real problem. It's nearly impossible as everyone is locked into their rental units and will never move. You basically have to wait for someone to die.
- em-bee 4y ago
  but that's a problem everywhere that doesn't build enough new units to meet the demand. and i don't think it is any easier to buy a place. nor is it any easier to find a place to rent in the US.
  - ChuckNorris89 4y ago
    Sorry but no, it IS much easier to find a place to rent in the US. In Germany, the scarcity is so high that realtors can afford to ghost you left and right despite you having money and then when you finally get to view an apartment there's like 80+ people viewing it and only the one with the best portfolio (full of your private info that they normally shouldn't be allowed to have) gets it. This madness is nowhere near what it's like in the US.