I signed the lease for an apartment in Germany. Signed on April 1st for lease to start May 1st (agreed as rent start date on the agreement). I emailed the owners that due to medical/personal situation we are not going to move to Germany as per our earlier plans and they should cancel the lease. This is a 12 month no break lease and then a 3 month notice break clause.
I had the question that is there a law using which this Germany leasing company can put this on my credit score in USA (I am a US Citizen and they have a copy of my US passport) if they really decide to go the whole 9 yards and what is the worst case scenario for me in this regard and what are the chances of the worst case scenario.
Is this something you have knowledge on to help answer me?
Eagerly awaiting your response.
Not a question that I can answer based on what German law would say and what is the practice there. I would say that he has to read the options of the landlord and its remedies against the tenant in case of default as stated in the lease agreement. It would be a question belonging to a lawyer in the country where he intends to default.