The Real Estate Offer Form is a crucial document in Austrian property transactions, serving as the formal initiation of a potential property purchase. It is used when a prospective buyer wishes to make a binding offer to purchase real estate in Austria, whether residential or commercial. The document must comply with the Austrian Civil Code (ABGB) and various property-related regulations, including the Consumer Protection Act when applicable. The form typically includes comprehensive details about the property, purchase price, payment terms, conditions precedent, and timing requirements. It creates legal obligations for the offeror upon signing and remains binding for a specified period, during which the seller may accept the offer. This document is essential for ensuring clarity and legal certainty in Austrian real estate transactions.
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1. Parties: Identification of the potential buyer (offeror) and seller, including full legal names, addresses, and any registration numbers for legal entities
2. Property Details: Precise identification of the property including address, land register details (Grundbuch), property number (EZ), cadastral community (KG), and exact description of what is included in the sale
3. Purchase Price: Detailed specification of the offered purchase price, currency, payment terms, and payment schedule
4. Payment Terms: Structure of payments including deposits, escrow arrangements, and financing conditions
5. Binding Period: Duration for which the offer remains valid and binding on the offeror
6. Handover Conditions: Specified date and conditions for the handover of the property
7. Property Condition: Statement regarding the condition in which the property will be transferred
8. Costs and Taxes: Allocation of transaction costs, transfer taxes, and registration fees
9. Representations: Basic representations regarding property ownership, encumbrances, and authority to sell
10. Signing: Execution block with date, place, and signatures
1. Financing Condition: To be included when the offer is subject to the buyer obtaining financing - specifies terms and deadlines for securing funding
2. Due Diligence Condition: When buyer requires a period for technical, legal, or financial due diligence
3. Existing Tenancies: Required when the property has existing tenants - details of leases and handling of tenant relationships
4. Construction Requirements: For properties requiring renovation or construction - includes permits and conditions
5. Broker Provisions: When a broker is involved - includes commission details and broker responsibilities
6. Furniture and Fixtures: When the offer includes specific furniture or fixtures - detailed inventory
7. Energy Certificate: Required for buildings - details of energy performance certification
8. Special Usage Rights: For properties with parking, storage, or other special usage rights
1. Property Plan: Floor plans, site plans, or land register extracts showing the property boundaries
2. Land Register Extract: Current extract from the land register (Grundbuchauszug)
3. Inventory List: Detailed list of any furniture, fixtures, or equipment included in the offer
4. Photos: Current photographs of the property and any specific features or defects
5. Energy Certificate: Copy of the property's energy performance certificate
6. Building Permits: Copies of relevant building permits or usage approvals
7. Maintenance Records: Documentation of recent maintenance or renovations
8. Existing Lease Agreements: Copies of any current lease agreements affecting the property
Relevant legal definitions
Property
Purchase Price
Completion Date
Handover Date
Binding Period
Business Day
Land Register
Cadastral Register
Due Diligence Period
Deposit
Encumbrances
Fixtures and Fittings
Property Certificate
Building Permit
Transfer Date
Title Deed
Purchase Contract
Energy Performance Certificate
Notarial Deed
Acceptance Period
Material Adverse Change
Permitted Use
Registration Fee
Transfer Tax
Seller's Solicitor
Buyer's Solicitor
Property Rights
Common Areas
Special Conditions
Operating Costs
Existing Tenancies
Grundbuch Extract
Building Regulations
Zoning Requirements
Easements
Maintenance Charges
Property Manager
Insurance Value
Condition Precedent
Force Majeure
Purchase Price
Completion Date
Handover Date
Binding Period
Business Day
Land Register
Cadastral Register
Due Diligence Period
Deposit
Encumbrances
Fixtures and Fittings
Property Certificate
Building Permit
Transfer Date
Title Deed
Purchase Contract
Energy Performance Certificate
Notarial Deed
Acceptance Period
Material Adverse Change
Permitted Use
Registration Fee
Transfer Tax
Seller's Solicitor
Buyer's Solicitor
Property Rights
Common Areas
Special Conditions
Operating Costs
Existing Tenancies
Grundbuch Extract
Building Regulations
Zoning Requirements
Easements
Maintenance Charges
Property Manager
Insurance Value
Condition Precedent
Force Majeure
Clauses
Property Identification
Purchase Price
Payment Terms
Offer Validity
Property Transfer
Property Condition
Due Diligence
Warranties and Representations
Costs and Taxes
Insurance
Property Rights
Encumbrances
Title Transfer
Handover Conditions
Existing Tenancies
Utilities and Services
Registration Rights
Financing Conditions
Default
Force Majeure
Governing Law
Dispute Resolution
Notices
Energy Certificate
Environmental Compliance
Building Permits
Zoning Compliance
Broker Provisions
Assignment
Severability
Purchase Price
Payment Terms
Offer Validity
Property Transfer
Property Condition
Due Diligence
Warranties and Representations
Costs and Taxes
Insurance
Property Rights
Encumbrances
Title Transfer
Handover Conditions
Existing Tenancies
Utilities and Services
Registration Rights
Financing Conditions
Default
Force Majeure
Governing Law
Dispute Resolution
Notices
Energy Certificate
Environmental Compliance
Building Permits
Zoning Compliance
Broker Provisions
Assignment
Severability
Relevant Industries
Real Estate
Property Development
Construction
Financial Services
Legal Services
Insurance
Property Management
Facilities Management
Urban Development
Residential Housing
Commercial Property
Relevant Teams
Legal
Real Estate
Compliance
Sales
Investment
Asset Management
Property Management
Business Development
Operations
Risk Management
Transaction Advisory
Development
Acquisitions
Relevant Roles
Real Estate Agent
Property Lawyer
Legal Counsel
Property Developer
Asset Manager
Investment Manager
Property Manager
Compliance Officer
Real Estate Broker
Transaction Manager
Portfolio Manager
Acquisitions Manager
Real Estate Analyst
Development Director
Real Estate Partner
Property Consultant
Sales Manager
Commercial Director
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