Auction
Glossary

Highest bid

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

In brief

The highest bid is the highest bid submitted at the hearing; narrow reference to the award: § 190 Enforcement Act. Payments and expenses beyond the highest bid follow the concrete proceeding.

Without a file review we make no statement on an expected amount, on security deposits, on set-offs or on cost consequences. Legal status: 11 July 2026.

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.

Questions about an upcoming auction?

Call the firm or send us an email. We will review your enquiry and contact you.

Contact

A direct line to the firm.

Address

BRANDAUER Rechtsanwälte GmbH Giselakai 51 5020 Salzburg