This fee covers the entire, escrow-secured management of the Purchase Agreement – from your placement of the order to the entry of your ownership title in the land register. We draft the required documents (esp. purchase agreement, escrow agreement, notice of escrow to the Austrian Bar Association) and coordinate with the individuals involved.
* out-of-pocket expenses are the court application fee, notarization costs, administration fees for building land certificates, postage, etc.
After your order confirmation, you will receive a separate bill of fees containing our fee, out-of-pocket expenses, and the land transfer tax and registration fee due*. After receipt of the payment, we will begin with the execution of the Purchase Agreement. You will be immediately informed upon receipt of the payment.
* The land transfer tax is a (legal) transaction tax and applies to the purchase of plots in Austria. As a rule, it amounts to 3.5% of the purchase price, 2% in the case of close relatives. The court registration fee amounts to 1.1% of the purchase price.
Do you have any questions regarding the execution of the Purchase Agreement? Please feel free to contact us. We will be happy to provide you with an individual cost estimate for constellations which differ from the online real estate purchase. Do not hesitate to contact us.
The cost calculator was programmed with the utmost care and diligence and is updated whenever necessary. Fees calculated using this aid serves as a relatively precise orientation. It may derogate from the actual fee in some exceptional cases (e.g. property transaction with foreigners, or need for additional agreements).
