Security Deposit Agreement Template for Germany

1. Transfer Provisions: Required if the property might be sold, addressing the transfer of deposit obligations to new owners as per BGB §566a

2. Multiple Tenants: Required when there are multiple tenants, specifying joint and several liability

3. Alternative Security: Optional section for cases where bank guarantees or other forms of security are accepted instead of cash deposit

4. Insurance Requirements: Optional section specifying any insurance requirements related to the security deposit

5. Dispute Resolution: Optional detailed procedure for handling disputes about deposit deductions

1. Schedule 1 - Payment Schedule: If installment payments are agreed, detailed payment dates and amounts

2. Schedule 2 - Bank Account Details: Full banking details and account management procedures

3. Schedule 3 - Property Condition Report: Initial condition documentation relevant for future deposit deductions

4. Appendix A - Calculation of Interest: Method for calculating and applying interest to the deposit

5. Appendix B - Deposit Return Checklist: Itemized list of conditions that must be met for deposit return