Befähigungsprüfung Immobilienverwalter Practice Questions - Austria Befähigungsprüfung Immobilienverwalter (Property Manager Licensing Examination) Exam - Befähigungsprüfung Immobilienverwalter Practice Questions - Austria Befähigungsprüfung Immobilienverwalter (Property Manager Licensing Examination) Exam

Question 1

Under § 117 Abs. 3 of the Austrian Trade Code (Gewerbeordnung 1994 - GewO), what is the statutory scope of authorization for a licensed property manager (Immobilienverwalter)?

Comprehensive administration of all types of real property, representation of owners before authorities and courts in administrative matters, commissioning maintenance, and preparing accounts Constructing and developing high-rise office towers on own financial account Exclusive acting as an independent judge in civil tenancy litigation Drafting and notarizing international corporate merger deeds

Correct Answer:

Comprehensive administration of all types of real property, representation of owners before authorities and courts in administrative matters, commissioning maintenance, and preparing accounts

Question 2

Under § 18 of the Austrian Condominium Act (Wohnungseigentumsgesetz 2002 - WEG 2002), what is the legal nature of the 'Wohnungseigentümergemeinschaft' (community of condominium owners)?

A legal entity with partial legal capacity (juristische Person mit Teilrechtsfähigkeit) that can acquire rights, enter into obligations, sue, and be sued in matters concerning property administration An informal club without legal identity that cannot hold bank accounts A commercial public trading company (Offene Gesellschaft) with unlimited personal liability for all owners' personal debts A branch of the municipal district municipal authority

Correct Answer:

Question 3

Under § 31 of the WEG 2002 as reformed by the WEG-Novelle 2022, in which situations may the monthly contributions to the maintenance reserve fall below the statutory reference amount?

Only exceptionally — where the reserve already accumulated is unusually large, where the building was recently erected or comprehensively refurbished, or in a terraced or detached house development in which the owners have contractually assumed the maintenance obligation Whenever a simple majority of co-ownership shares resolves to pay less in order to keep monthly charges down Whenever the building carries no mortgage and the owners have agreed to fund repairs by special levy when the need arises Never — the reference amount is an absolute floor that admits of no exceptions

Correct Answer:

Question 4

Under § 24 of the WEG 2002 as amended by the WEG-Novelle 2022, what two alternative majority requirements can validate a resolution (Beschlussfassung) in ordinary administration?

A majority of all co-ownership shares, OR a two-thirds majority of the votes actually cast — also counted by co-ownership shares — where that majority additionally amounts to at least one third of all co-ownership shares A two-thirds majority of the votes cast in every case, with no further quorum requirement A simple majority of the persons present at the meeting, counted per head rather than by shares A majority of all co-ownership shares only, since the WEG-Novelle 2022 abolished the alternative route

Correct Answer:

Question 5

A residential condominium building has total co-ownership shares of 1,000/1,000. In a written vote for a maintenance contract, owners holding 450 shares cast votes: 360 shares vote YES and 90 shares vote NO. Owners of 550 shares did not participate. Is the resolution legally adopted under the WEG-Novelle 2022?

Yes, because 360 shares represent 80% of votes cast (exceeding 2/3 = 66.7%) AND represent 36% of all total shares (exceeding the required 1/3 = 33.3% quorum) No, because the YES votes did not exceed 500 shares (absolute majority of all shares) No, because at least 80% of all owners must participate in every vote Yes, because any vote with at least 100 shares participating is automatically approved

Correct Answer:

Yes, because 360 shares represent 80% of votes cast (exceeding 2/3 = 66.7%) AND represent 36% of all total shares (exceeding the required 1/3 = 33.3% quorum)

Question 1

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Prepare with the Befähigungsprüfung Immobilienverwalter Practice Questions - Austria Befähigungsprüfung Immobilienverwalter (Property Manager Licensing Examination) Exam practice quiz. This question bank includes 100 questions covering condominium, landlord, tenant, statutory, and austrian. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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Befähigungsprüfung Immobilienverwalter Practice Questions - Austria Befähigungsprüfung Immobilienverwalter (Property Manager Licensing Examination) Exam

This practice set contains 100 questions from the matching question bank and focuses on condominium, landlord, tenant, statutory, and austrian. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

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Befähigungsprüfung Immobilienverwalter Practice Questions - Austria Befähigungsprüfung Immobilienverwalter (Property Manager Licensing Examination) Exam

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