Befähigungsprüfung Bauträger Practice Questions - Austria Befähigungsprüfung Bauträger (Property Developer Licensing Examination) Exam

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Under § 1 Abs. 1 of the Austrian Developer Contract Act (Bauträgervertragsgesetz - BTVG), what is the advance payment threshold per square metre that triggers the mandatory protective scope of the BTVG?

Advance payments exceeding €150 per m² of usable floor space (Nutzfläche) made prior to completion Advance payments exceeding €50 per m² of gross floor area (Brutto-Grundfläche) Advance payments exceeding €500 per m² of usable living space Any advance payment exceeding a flat lump sum of €50,000 regardless of area

Correct Answer:

Advance payments exceeding €150 per m² of usable floor space (Nutzfläche) made prior to completion

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