The present Law introduces some substantial amendments to the Land Transaction Law 2001 (LGBl. 9/2002). In particular, the Law adds a chapter 2a to article 13 on Acquisition of building land. The afore-mentioned chapter consists of: Sphere of application, objectives (art. 13a); Building land (art. 13b); Legal transactions subject to registration (art. 13c); Terms of use (art. 13d). Furthermore, article 35 on Penalties is reworded and article 35a on References to federal Legislation is added.
Austria · 2012-07-04