Easement
Any easement must be entered in the Land Register. It serves as a security in rem for any right over a property (servient tenement) to which the owner of another property (dominant tenement) is entitled.
Real Estate Glossary
Here at BAMBERGER IMMOBILIEN we know that not everyone is engaged with real estate on a daily basis. If you falter at some specialised term or other, you are in the right place, because this is where we provide short and clear explanations of the most important terms. If you still have further questions, please contact us. We will be pleased to take time to assist you in person.
E
Energy certificate
If you as owner sell, let or lease your property in Austria, it is mandatory to present an energy certificate. This document can only be issued by qualified tradespeople and gives information about the overall energy efficiency of a property.
Escrow account
Third-party account with a financial institute to hold money on behalf of contracting parties.
