ILO Newsletter 4. Jänner 2013

Real Estate & Construction

Land Register registration fee to draw on fair market value: significant rise in costs

In light of a Constitutional Court decision, Parliament recently passed a bill amending the provisions on the Land Register registration fee. As of January 1 2013, the fee for all types of property acquisition is generally calculated on the basis of the fair market value of the real estate. The amendments have a considerable impact on ancillary costs of such acquisitions. 


Martin

Dr. Martin Foerster

LL.M. (LONDON) Partner
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