WLN tag: #property
13Feb2025
Austria: Property purchase contract: Real estate transfer tax on inventory sold at the same time?
When drafting purchase contracts, a contract draftsman must always deal with the desire of the contracting parties to draft contracts that are as tax-optimized as possible. In this context, it should be mentioned that in Austria, inventory is generally not covered by real estate transfer tax. Inventory refers to movable objects that are located in […]
04Feb2025
Austria: Elimination of the broker's commission due to close relationship
The broker’s commission results from §§ 6ff MaklerG. In accordance with the statutory provisions, the commission claim arises with the legal validity of the brokered transaction. Without a legally valid brokerage contract, the broker is not entitled to commission. It should be noted that the brokerage contract is generally not bound by any formal requirement, […]