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

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Under § 117 Abs. 4 of the Austrian Trade Code (Gewerbeordnung 1994 - GewO), what is the statutory scope of activities authorized for the regulated trade of Real Estate Trustee restricted to Property Developer (Bauträger)?

The organizational and commercial development, management, and exploitation of building construction projects on own or third-party account The physical craft execution of structural masonry, timber framing, and civil engineering works with own craft workforce The exclusive administration and facility management of existing rented residential apartment buildings The legal drafting of notarized deeds, probate registries, and court litigation representation

Correct Answer:

The organizational and commercial development, management, and exploitation of building construction projects on own or third-party account

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