Document background
The Contract of Deed of Sale (Kaufvertrag) is a fundamental legal document used in Austrian business and private transactions to transfer ownership of property or goods. This document is essential when conducting any sale transaction in Austria, whether it involves real estate, movable property, or business assets. The contract must comply with the Austrian Civil Code (ABGB) and, depending on the transaction type, may require notarization or registration in public registers. It serves as official evidence of the transfer and includes crucial details such as party information, property description, purchase price, payment terms, warranties, and specific Austrian legal requirements. The document is particularly important for real estate transactions where it forms the basis for land register entries and tax calculations.
