What tenants can do if the heating is defective - tips from the financial expert

What tenants can do if the heating is defective - tips from the financial expert

According to a report from www.fr.de, the residents of a residential building in downtown Frankfurt had to survive without heating or hot water for 26 days. The house in question belongs to the company Deutsche Immobilien Invest (d.i.i.) and is offered for sale despite the fact that half of the apartments are empty. In desperation, the tenants contacted the Tenant Protection Office because there was mold in the house and the cleaning service had not been paid for months.

This situation reflects poorly on the real estate industry and can have significant repercussions. Affected tenants could demand rent reductions, which could result in landlords having to make greater investments in the maintenance of their properties. In addition, confidence in real estate companies could be shaken, which could deter potential investors. In addition, additional legal and regulatory measures could arise against such abuses in the industry.

Such incidents can also negatively impact the general market perception and damage the image of the real estate market and real estate companies. This could lead to potential tenants and investors turning away from such companies and, as a result, demand for this company's properties decreases. This, in turn, could lead to price reductions and a decline in profitability.

Such incidents clearly show how important it is for real estate companies and landlords to assume their responsibility towards tenants and ensure the proper maintenance and care of their properties. This is crucial to gaining the trust of tenants and potential investors and achieving long-term success in the industry.