Flexible Security Deposit in Rotterdam Commercial Space
In commercial leases in Rotterdam (Article 7:301 DCC), there is no maximum security deposit; often 3-6 months' rent, especially for properties around the Maas or in the port area. Collateral for flawless delivery and rent arrears, crucial for dynamic locations such as Kop van Zuid.
Repayment Conditions in Rotterdam
After the end of the lease period, upon perfect delivery in accordance with Rotterdam real estate standards. Negotiate in the lease agreement about repair periods and arbitration via the District Court of Rotterdam, with attention to local inspections.
Specific Risks in Rotterdam
- Pledging: Landlord may pledge the security deposit to banks such as ABN AMRO, common among large Rotterdam investors.
- Indexation: Often linked to the Rotterdam rent index or CPI, with significant increases due to port inflation.
- Disputes: To the cantonal judge in Rotterdam or the Trade Section of the District Court, not the Industrial Relations Board.
Practical Advice for Rotterdam
Have a delivery report prepared by an independent party such as a Rotterdam appraiser. Commercial leasing in the city offers less tenant protection than residential space; consult a local real estate lawyer for port and retail properties.