Elimination of fees on tenancy agreements in effect since 11/11/2017

LBG Austria - Summary: The legislative amendment on the elimination of fees on tenancy agreements was announced in the Federal Law Gazette on November 10, 2017 and is therefore – in absence of any separate regulation – in effect since November 11, 2017. This means, that all written tenancy contracts signed as of November 11, 2017 are not subject to fees in connection with the contract. Lease contracts for commercial properties remain unaffected.

Contact & Advice: Our experts at LBG will be pleased to advise you in your individual situation. Please contact our consultants either directly at LBG at our 30 locations in Austria (www.lbg.at) or email us welcome@lbg.at – we will connect you with the right expert at LBG who is very familiar with your concerns.