Posts tagged #condominium ownership
All PostsExternal Parties May Purchase Car Parking Spaces
Civil LawThe Austrian Supreme Court (Oberster Gerichtshof, hereinafter OGH) has recently determined that the three-year purchase restriction for individuals not affiliated with the property is not reset when existing condominium ownership is mutually dissolve...
Records: The Extent of Condominium Owners’ Rights of Access
Civil LawThe Austrian Supreme Court (Oberster Gerichtshof, or OGH) has clarified how much access condominium owners have to documents such as contracts between their ownwers’ association and energy suppliers, property insurance agreements, and the ways in whi...
Austrian OGH: Classification Changes of Co-Owned Properties
Civil LawA condominium owner who arbitrarily makes changes to the condominium without obtaining prior consent from the other owners and without the ruling of a judge in non-litigious procedure acts can be ordered in a litigious procedure to reverse the change...
OGH: Property Managers Not Liable for Lost Rental Income
Civil LawThe Austrian Supreme Court (Oberster Gerichtshof, hereinafter OGH) has ruled that property managers are not liable to apartment owners for loss of rental income if the latter are unable to rent out the apartment as a result of water damage to the apa...