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Posts tagged #change of ownership

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Austrian OGH: No Compensation for Lake Property Lease

Civil Law 

In the case at hand, compensation was sought by the claimant because an existing lease agreement for shared use rights to the property had been terminated by the buyer of a lake property. This lease agreement had originally been concluded in 1963 bet...

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Austrian OGH: No Insurance Cancellation after Universal Succession

Civil Law 

The Austrian Supreme Court (Oberster Gerichtshof, hereinafter OGH) has ruled that a policyholder who acquires ownership of a property partly through testamentary succession (e.g. a transfer agreement) and partly through universal succession (e.g. an ...

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