Befähigungsprüfung Immobilienmakler Practice Questions - Austria Befähigungsprüfung Immobilienmakler (Real Estate Broker Licensing Examination) Exam

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Which fundamental Land Register principle under § 29 GBG 1955 establishes that the chronological order of submission (Tagebuchzahl) determines the rank and priority of competing recorded rights?

Priority principle (Prioritätsprinzip / Rangprinzip) Public trust principle (Publizitätsprinzip / Vertrauensgrundsatz) Speciality principle (Spezialitätsprinzip) Principle of formal party application (Antragsprinzip)

Correct Answer:

Priority principle (Prioritätsprinzip / Rangprinzip)

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