Legal insurance for landlords - recommendations?

11 posts in this topic

Hi All,

I have decided to buy a rented apartment in Berlin and made the reservation too. I currently live on rented apartment and the existing tenants live there for 4.5 yrs.The real estate agent says that Eigenbedarf can be invoked, if needed for personal use.

Though I do not intend to invoke Eigenbedarf immediately(not within 1 yr at least), I might do it in future. So could you please recommend a Rechtsschutz versicherung(landowner legal insurance) to buy?

I plan to be part of Vermieter verein in addition to the above insurance. Also suggest other insurances to be bought,if any.

Thanks.

Have a great week ahead!

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I would be very leery of any promises an agent makes regarding Eigenbedarf. Yes, you can invoke it - but there are myriad reasons why this can be refused, it can take years to get sitting tenants out, or you as landlord will end up paying to get them out (i.e. paying for their move etc.).

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2 hours ago, the.frollein said:

I would be very leery of any promises an agent makes regarding Eigenbedarf. Yes, you can invoke it - but there are myriad reasons why this can be refused, it can take years to get sitting tenants out, or you as landlord will end up paying to get them out (i.e. paying for their move etc.).

I don't know if it's simply refused as you say, but more just delayed in some cases for quite a long time? 

Invoke it straight after taking over and then let them look for something else in the meantime. ;)

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Useful to know if tenants are:

Elderly

Have Health Issues

Family with children

 

Maybe these can also delay  claim of Eigenbedarf.

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Eigenbedarf does not even have to be directly for yourself and immediate family.  It can be e.g. if any family e.g. parents, brothers, sisters, niece/nephew and even as far out as cousins need a home. It all depends on the type of contract used. Landlords are very creative to get tenants out when they want to. 

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5 minutes ago, smurf said:

 Landlords are very creative to get tenants out when they want to. 

 

Sure but tenants can get creative too if they want to dig their heels in. They could point to their own hardship like being disabled or having a disabled child or being penniless and unable to find a similar apartment they can afford. As for whoever is supposed to be moving, they can question whether the apartment would be suitable for those people.

 

On the other hand you could get lucky and have tenants who aren't opposed to moving. However it depends on the housing situation where they live. If it's hard to find affordable housing they will probably put up a fight

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I agree @LeonG. It's a fairly formal process though here to prove all that...so a landlord who is unsure what they want should normally fix the contract to a year or less with fixed move out date or 3 month notice period either way then there is more flexibility on both sides. I see the trend now that full-time landlords are tying in tenants up to 2-4 years with no break clause even for job move rather than the opposite...during these interesting times landlords want a steady income no matter what so tenants beware during such uncertain times 

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1 hour ago, LeonG said:

hardship like being disabled or having a disabled child

These cases will be few and far between though as a very small percentage of the population are disabled or have disabled children and an even smaller percentage at the same time are in rented housing.

1 hour ago, LeonG said:

penniless and unable to find a similar apartment they can afford

These cases generally drag on for less time than those involving frail, elderly or disabled persons since that 'reason' of having no money etc. can't be used ad Infinitum.

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I always recommend, if you don't speak good German, to get it from an English speaking agent so that you can ask for help when submitting a claim. For example I had a backpack stolen in Barcelona and I asked my agent about this and he explained what verbage I needed to use to explain in order to get it covered. 

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Thank you all for your valuable suggestions. I am planning to go ahead with ARAG Premium legal insurance for landloards.

 

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