§ 121

Amounts used to fulfill the landlord's obligation for external maintenance, cf. § 111, may be deducted from the account pursuant to §§ 119 and 120. Furthermore, with the consent of the tenant representatives or a majority of the tenants, amounts used for improvements may be deducted.

Stk. 2.If an expense is covered by taking out a loan, the landlord is entitled, instead of deducting the expense, to deduct the annual mortgage payments from the account as they are paid.