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Wholesaling Real Estate Contracts in Austria are specialized agreements used when a buyer intends to purchase property with the explicit intention of reselling it, often before the initial purchase is completed. These contracts must comply with Austrian property law, including the ABGB (Austrian Civil Code) and relevant real estate regulations. The document is particularly important in scenarios where investors or property developers seek to acquire properties for quick resale, requiring specific provisions for assignment rights, interim financing, and transfer mechanisms. It includes comprehensive sections addressing property description, purchase terms, assignment rights, and completion procedures, while ensuring compliance with Austrian land registry requirements and tax regulations. The agreement needs to balance the interests of the original seller, the wholesale buyer, and potential end purchasers, while maintaining legal certainty throughout the transaction chain.

1. Parties: Identification of all contracting parties including full legal names, addresses, and registration numbers for legal entities

2. Background: Context of the transaction and relationship between parties, including wholesaling intention

3. Definitions: Key terms used throughout the agreement, including Austrian legal terminology

4. Property Description: Detailed description of the real estate, including land register details (Grundbuch) and property identifiers

5. Purchase Price and Payment Terms: Purchase price, payment schedule, and escrow arrangements

6. Assignment Rights: Terms governing the buyer's right to assign or resell the property before closing

7. Due Diligence: Buyer's inspection rights and seller's disclosure obligations

8. Conditions Precedent: Conditions that must be met before completion, including regulatory approvals

9. Completion Process: Steps for closing the transaction and transferring title

10. Representations and Warranties: Statements about the property's condition and legal status

11. Tax Provisions: Allocation of tax obligations, including real estate transfer tax (Grunderwerbsteuer)

12. Registration and Notarization: Requirements for land register registration and notarial authentication

13. Governing Law and Jurisdiction: Confirmation of Austrian law application and jurisdiction

14. Miscellaneous: Standard legal provisions including severability and entire agreement clauses