Covid-19 Update: Act to further shorten the residual debt discharge procedure
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The German Federal Parliament approved the government draft bill for an “Act to further shorten the residual debt discharge procedure” on 17 December 2020. Apart from other regulatory areas, provisions were made through the Covid-19 Act in the civil law and the civil procedure law for lease and tenancy agreements for land or premises which are not residential premises.
The purpose of the new provisions is to strengthen the tenant’s position and to make a contribution to legal certainty.
Please read more about the "Act to further shorten the residual debt discharge procedure" on commercial lease law and an initial assessment in our Client Bulletin.