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Posts tagged #estate agent

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Austrian VfGH: The ‘Orderer’s Principle’ Is Constitutional

Constitutional Law 

Since 1 July 2023, in Austria the ‘orderer’s principle’ (Bestellerprinzip) has applied to the letting of residential property. The Bestellerprinzip refers to a policy in Austria’s real estate market that whoever hires an estate agent to arrange a ten...

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OGH: Failure to Disclose Relationship Forfeits Commission

Civil Law 

In a recent ruling, the Austrian Supreme Court (Oberster Gerichtshof, hereinafter OGH) has made it clear that estate agents lose their entitlement to a commission if they fail to disclose in writing and in good time any close family or business relat...

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