Glossary

Judicial auctions from A to Z.

Key terms around judicial real-estate auctions in Austria, explained in plain language and without concrete case statements.

Your law firm

BRANDAUER Rechtsanwälte

Salzburg law firm for real estate, corporate law and civil proceedings

Every mandate is handled by a coordinated team of lawyers, legal staff and specialists. Auction matters we assess with an eye on the proceeding, the documents and the commercial consequences.

Call directly +43 662 6280000 WhatsApp Send email Book initial consultation (72 euros)

Jump to letter

A C D E H J L M P R 12 terms

A

C

Court valuation report Expert report in the court file that classifies the property according to the criteria set by the court.

D

Distribution mass Amount available after the auction for distribution to the parties involved.

E

Encumbrance Collective term for rights in rem over a property (servitudes, real burdens, mortgages).

H

Highest bid Highest bid submitted at the hearing, on which the award decision is based.

J

Judicial auction Judicial auction of a real-estate object by the enforcement court on the motion of a creditor with real-estate security.

L

Land register Public register of ownership, encumbrances and rights over real estate in Austria.

M

Mortgage Security right in rem that a creditor typically asserts by registration in the land register.

P

R

Rank Order of land register entries, which in a realisation case co-determines the distribution.

This explanation gives a general overview of Austrian law and does not replace a lawyer’s examination of the individual case.

Contact

A direct line to the firm.

Address

BRANDAUER Rechtsanwälte GmbH Giselakai 51 5020 Salzburg

Phone

+43 662 6280000

kanzlei@brandauer-rechtsanwaelte.at