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

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Which of the following elements is a mandatory statutory component of a developer contract under § 3 of the Austrian BTVG?

A binding completion deadline (Fertigstellungstermin), precise construction specifications (Baubeschreibung), and the selected purchaser security model An unconditional waiver by the purchaser of all statutory warranty rights under the Austrian Civil Code (ABGB) A binding clause requiring the purchaser to finance exclusively through the developer's designated bank partner A clause permitting the developer to alter the purchase price unilaterally without statutory limits

Correct Answer:

A binding completion deadline (Fertigstellungstermin), precise construction specifications (Baubeschreibung), and the selected purchaser security model

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