Real Estate Transactions & Land Register Law
Real Estate Transactions and Land Register Law cover all legal steps involved in the transfer of real property, as well as the registration of ownership and rights in the land register. This ensures that real estate transactions are transparent and legally secure.
We are pleased to prepare all related agreements following a detailed personal consultation, during which we carefully assess your individual wishes and needs and implement them in a legally sound manner.
Purchase Agreement
A real estate purchase agreement governs the essential elements of a property transaction, such as the description of the property, the purchase price, and the rights and obligations of both parties. We support you with legally compliant drafting, notarization, escrow handling, and registration of the entire transaction in the land register.
Purchase Offer
A purchase offer is a binding declaration of intent to purchase a property at a specified price. Once accepted and received, a legally valid contract with all associated rights and obligations is formed. As a purchase offer cannot be unilaterally amended after submission, it should be reviewed by our team for completeness and legal security before being made—or before being accepted by the other party.
Right of Residence
The right of residence secures the transferor’s lifelong right to live in specific premises, even after ownership of the property has been transferred. Cost responsibilities and scope must be clearly defined and, ideally, registered in the land register to ensure legal certainty. We assist with clear drafting and legally secure structuring of such agreements.
Land Register
The land register is a public register in which ownership relationships, rights, and encumbrances relating to real property are recorded. It provides legal certainty in real estate transactions, as everyone may rely on the accuracy of its entries. Our team supports you in reviewing land register data, certifying extracts, securing rights in the land register, and ensuring legal clarity.
Gift of Property
A gift is the gratuitous transfer of real property, either during the donor’s lifetime or upon their death. If additional rights—such as a right of residence, usufruct, or prohibition on encumbrance or disposal—are agreed upon, the transaction constitutes a transfer agreement. We provide comprehensive advice on the legal structuring and protection of both parties.
Developer Agreement
A developer agreement governs the payment of the purchase price prior to the completion of a property, in accordance with the Austrian Developer Contract Act. Acting as escrow agent, our team ensures the secure handling of payments based on construction progress and land register security models, thereby protecting both buyers and developers legally and financially.
Condominium Ownership Agreement
A condominium ownership agreement defines the rights and obligations of co-owners and regulates the exclusive use of individual apartments, parking spaces, or premises. To ensure smooth coexistence, such agreements should be individually tailored and legally secure. We provide expert advice and prepares these agreements accordingly.
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