BGH: Broker must pay back reservation fee!
BGH has decided: The reservation fee in brokerage contracts is invalid! Broker must pay back reservation fee! BGH, judgment of 20.04.2023, Ref.: I ZR 113/22 The I. BGH Senate responsible for brokerage law has ruled that the obligation of a prospective buyer to pay a reservation fee in the event that the purchase does not take place, as specified in general terms and conditions, is invalid. This [...]Read more ►