Lease Security Agreement Template for Germany

1. Multiple Tenants: Additional provisions for cases with multiple tenants, defining joint and several liability

2. Substitute Security: Provisions allowing for alternative forms of security during the lease term

3. Step-Up Provisions: For cases where the security deposit is paid in installments (allowed under German law)

4. Property Management: Additional provisions when a property management company handles the security deposit

5. Special Property Provisions: Additional security requirements for furnished properties or special use cases

6. Data Protection: GDPR-compliant provisions for handling personal data in relation to the security deposit

7. Assignment: Provisions for transfer of rights in case of property sale or change in ownership

1. Schedule 1 - Main Lease Agreement Details: Key details from the main lease agreement including property address, rent amount, and term

2. Schedule 2 - Bank Account Information: Detailed banking information for the security deposit account

3. Schedule 3 - Damage Assessment Criteria: Criteria for assessing property damage and corresponding deductions from the deposit

4. Schedule 4 - Security Deposit Receipt: Form for acknowledging receipt of the security deposit

5. Appendix A - Handover Protocol: Template for documenting property condition at the start of lease

6. Appendix B - Return Protocol: Template for documenting property condition at the end of lease