Trust is restored!

The chairman of the specialist group of real estate and wealth scattering countries Johannes Wild and his deputy Christine Weber are facilitated after the recent OGH decision to secure value in permanent debt conditions. “Since 2023, there has been great uncertainty about the value security clause in old rental contracts for the commercial real estate industry and for the tenants,” said Wild. “There was great damage and uncertainties on all sides,” added Weber.

Judgment clears unclear

“Especially in the past few weeks, nobody knew whether clauses were valid or not. For many commercial landlords, this was a permanent existential threat and an enormous, unpaid additional effort for property managers!” So wild. “The current judgment of the OGH clears up with ambiguities,” explains Weber. “We know that the value security clause – if formulated correctly – keeps up.”

Protection of value indispensable

“It is clear that long -term culprit, i.e. contracts for a very long, even unlimited period of time. “I have vehemently campaigned for legal certainty since this legal question in my chamber functions, now the judiciary has spoken!” explains Wild relieved.

Judgment with inventory

Both Wild and Weber are excluded that the current judgment of the OGH could be overtaken again. “We have a thirty pages of comprehensive judgment with a very careful reason. Not only were all preliminary decisions checked precisely, but of course also taken into account the intention of the legislator,” explains Wild. “Everything since 2023 has actually been an” inappropriate “for the industry and customers. Clarification by the judiciary was urgently necessary! “

Restore trust quickly

“The loss of trust is deeply. Now to strengthen our member companies, it is important to communicate clearly that this judgment confirms us and tenants are in the best hands with us. There were and are legally compliant, the discussion about it was almost accidental and can now be concluded!” Finally, so wild and Weber together.