Ordinance on the Introductory Law to the Federal Act on the Acquisition of Real Estate by Persons Abroad (VBewG) (VBEWG)

Competent Directorate within the meaning of § 4 lit. b EG BewG2 is the Department of Economic Affairs.

1 Applications must be submitted in writing and with reasons to the District Council in duplicate, accompanied by the duly concluded contract.

2 The competent authority is the District Council of the district in which the property or its quantitatively largest part is located.

3 The District Council shall notify the Land Registry Office or the Commercial Registry Office of the incoming applications.

4 Before granting a permit, the District Council generally obtains an opinion from the municipal executive.

5 Decisions of the District Council shall be communicated to the Department of Economic Affairs, free of charge, in quadruplicate, together with the files.

1 If the Department of Economic Affairs intends to sue for restoration of the original legal condition, it may, as a preliminary measure, set a deadline for the acquirer to obtain a permit.

2 Otherwise, the procedure shall be governed by the Code of Civil Procedure.

1 OJ 65, 287; for reasoning see OJ 2010, 1127.

2 LS 234.1.

3 Designation according to decision of the Government Council of 29 June 2016 (OJ 72, 324; OJ 2016-07-15). In

force since 1 January 2018.

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