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Rental terms

Our rental properties/housing stock

A basic prerequisite for a rental agreement is the purchase of cooperative shares. The amount of those depends on apartment size. Up to 80m² two cooperative shares, for sizes with more than 80m² three cooperative shares are required. The present value of one cooperative share accounts 620,00 €. A rental deposit is not required.

Please note: As a precondition of a lease agreement we ask for your income statement as well as for a rental debt exemption certificate. Depending on the individual income situation we may ask for a guarantee (co-signer). We also ask the prospective tenant/guarantor for approval for a solvency check.

Refunding of cooperative shares: A separate written cancellation notice is necessary. The statutory period of notice is 12 month’s at year end.

Procurement guidelines

Volksheimstätte is obliged to their members exclusively. Though, apartment seekers don’t have to be a member beforehand. Only when signing a rental agreement is membership in our cooperative necessary. The duration of the membership is decisive for the allocation of living space and specified in our statutes. Within non-members the application date of the „request form“ is essential.