From the reminder to the court order for payment.
When the rent fails to arrive, structure helps instead of stress. Rentprime guides you from the friendly payment reminder through the dunning stages all the way to the court order for payment — and automatically calculates the default interest under Common law (German Civil Code) for you.
Calculate default interest correctly
As soon as a tenant is in default with payment, you may charge default interest. The amount is set by §288 of the German Civil Code (BGB): the base rate plus 5 percentage points for private individuals, plus 9 percentage points for commercial tenancies. Try it out:
The reminder stages at a glance
Get what you're owed
Reminder stages, default interest and the prepared court order — structured instead of frustrating. So that rent arrears don't pile up.
With my first late payment I had no idea where to start. With the clear reminder stages the matter was settled in four weeks without a lawyer — the tenant paid after the second reminder.