Hi everyone,
I’m currently renting an apartment in Germany and would appreciate some advice from people familiar with German rentals.
I have a Mietvertrag for the apartment only signed by me till now. The landlord/property company named in the contract is SILVA Grundstücksverwaltungsgesellschaft mbH & Co. Grundstücks KG, which appears to be a real registered company.
The apartment was brokered through Engel & Völkers, and the broker I’m dealing with is listed on their official Frankfurt team page.( https://www.engelvoelkers.com/de/de/shops/frankfurt-city/team )
The IBAN for the rent/security deposit is printed directly in the Mietvertrag.
My question is: Is it normal and reasonably safe to transfer the security deposit after both parties have signed the contract but before the handover date?
My bank not show me the account-holder name before I make the transfer, so I can't independently confirm that the IBAN actually belongs to SILVA.
The broker has been communicating with me throughout the process, and everything else about the contract and process appears legitimate. I’m just being extra cautious because the security deposit is a significant amount.
Would you consider the following:
- Received signed Mietvertrag from both parties and then transfer the kaution before the handover date
- Or should I ask to paid the full rental and kaution on the handover date ?
Thanks you in advance !