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BGB 549. 3 Sections 557 to 561 and sections 573 , 573a and 573d ( 1 ) and sections 575 , 575a ( 1 ) and sections 577 and 577a do not apply to residential space in a student hostel or a hostel for young people .
BGB 551. 3 The lessor must invest a sum of money transferred to him as a deposit with a banking institution at the usual rate of interest for savings deposits with withdrawal notice of three months . The parties to the contract may agree on another form of investment . In either case the investment must be made separately from the assets of the lessor and the lessee is entitled to the income . It accrues to the security deposit . For residential space in a student hostel or a hostel for young people , there is no duty for the lessor to pay interest on the security deposit .