Rent index
Short definition
The rent index indicates the local comparative rent for apartments in a region.
How is the rent index used?
The rent index serves as a basis for rental prices in new leases and rent increases.
What types are there?
There are simple and qualified rent indices with varying degrees of evidential value.
Practical Context
The rent index is a central benchmark for rental prices and becomes particularly relevant for new leases and rent increases. Misinterpretations often lead to incorrect pricing assumptions.
Example
If the reference rent is calculated incorrectly, an excessively high rent can be legally contested.
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More terms
Full glossary
Additional costs
Ancillary costs (Nebenkosten) are ongoing operating expenses incurred by the landlord from running a property, which can be passed on to the tenant in addition to the base rent, provided this is agreed upon in the lease agreement.
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Rental agreement
The tenancy agreement is a legally binding contract between landlord and tenant regarding the provision of a property in exchange for payment of rent. In particular, it regulates the rental price, use, duration, as well as the rights and obligations of both parties.
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Subsequent tenant
A subsequent tenant is a person who takes over an apartment after the previous tenant and enters into a new tenancy.
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