Private sale
Free, out-of-court sale of a property before a judicial enforcement proceeding is concluded.
A private sale is the free, out-of-court sale of a property; it is a possible, not guaranteed path before a judicial enforcement proceeding is concluded.
Whether it fits depends on consents (in particular the financing bank), on the state of the proceeding and on the personal commercial target picture. For background we refer to the specialist article on the firm’s main site and make no statement on advantages in an individual case without a file.
Legal basis
- Procedural source: the specific auction file and current land register extract
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.
A direct line to the firm.
Address
BRANDAUER Rechtsanwälte GmbH Giselakai 51 5020 Salzburg
Phone
+43 662 6280000