COVID-19 – Draft Legislative Proposal Restricting the Termination of Rental and Loan Contracts in Germany - McDermott Will & Emery

COVID-19 – Draft Legislative Proposal Restricting the Termination of Rental and Loan Contracts in Germany

Overview


As part of the Coronavirus (COVID-19) legislative package, on March 23 2020, the German Federal Government released a draft legislative proposal regarding the protection of tenants against termination of lease agreements.

Under the draft law, the right of landlords to terminate residential and commercial lease agreements due to payment arrears of the tenant will be temporarily excluded, if the tenant is unable to pay as a direct result of the COVID-19 pandemic.

Read full article in German here.