Auction edict
Public notice of the enforcement court by which the date and conditions of the auction are made public.
The auction edict makes the proceeding visible to the outside world and names the date, the object and the auction conditions formulated by the court. Basis is § 146 Enforcement Act.
For owners, creditors and buyers the edict is the central anchor of the file. We review it separately from the valuation report and the land register extract; no statement on individual sequences is made without a file review.
Legal basis
Statutory texts for orientation; the version in force at the relevant time prevails.
This explanation gives a general overview of Austrian law and does not replace a lawyer’s examination of the individual case.
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Judicial auction
Judicial auction of a real-estate object by the enforcement court on the motion of a creditor with real-estate security.
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Court valuation report
Expert report in the court file that classifies the property according to the criteria set by the court.
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Land register
Public register of ownership, encumbrances and rights over real estate in Austria.
Questions about an upcoming auction?
Call the firm or send us an email. We will review your enquiry and contact you.
A direct line to the firm.
Address
BRANDAUER Rechtsanwälte GmbH Giselakai 51 5020 Salzburg
Phone
+43 662 6280000