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Tips for heirs: Inheriting a rental agreement if there is a housing shortage
A rental agreement lasts even after death. And it can even be inherited. This can be very helpful in times of housing shortages – if the landlord plays along. With the right planning, this can work. What relatives and heirs should consider. According to a report from www.welt.de, it can be seen that a rental agreement applies beyond death and can even be inherited. This can be very helpful for heirs in times of housing shortages, provided the landlord is cooperative. But what impact does this have on the real estate market? The possibility of passing on a rental agreement can result in living space being tied up for a longer period of time and...
Tips for heirs: Inheriting a rental agreement if there is a housing shortage
According to a report by www.welt.de, it can be seen that a rental agreement is valid beyond death and can even be inherited. This can be very helpful for heirs in times of housing shortages, provided the landlord is cooperative. But what impact does this have on the real estate market?
The possibility of inheriting a rental agreement can result in living space being tied up for a longer period of time and fewer offers being available on the market. This could lead to a further shortage of housing and increase prices in popular regions. At the same time, it could be beneficial for heirs as it gives them access to a stable and potentially favorable tenancy.
However, it is important that relatives and heirs are aware of the legal and financial obligations associated with taking on a tenancy agreement. The long-term impact on the real estate market depends on the number of leases that are inherited and taken over, as well as the general development of the housing market. It remains to be seen to what extent this possibility will impact the real estate industry.
Read the source article at www.welt.de