The most recent judgment of the Supreme Court (OGH) brings an important clarification: value security clauses in rental contracts are lawful and must not lead to ruinous claims for landlords. The OGH thus confirms the position that Unos and Neos has represented for months.
“We welcome this clear signal of the OGH – it confirms our line and for the time being, emphasizes air to breathe,” says UNOS board member Markus Hofer. “But we must not believe that the topic is done with it. Without clear legal framework, the uncertainty remains and endangered investments, renovations and the urgently needed residential construction.”
NEOS residential building spokeswoman Sophie Wotschke also warns against deporting political responsibility: “The judgment is a step in the right direction, but does not replace a clear legal framework. Austria’s entrepreneurs need security that value security clauses are in any case valid with consumers.”
UNOS has been committed to modern, investment -friendly tenancy law for years. The current OGH judgment confirms this course. UNOS now demands that politics are finally acting and that the legal situation confirmed by the OGH permanently legally secures.
UNOS – entrepreneurial Austria has represented the interests of liberal thinking entrepreneurs since 2014 and are present in eight business parliaments.
OTS original text press release with the exclusive in terms of content of the sender – www.ots.at | U.N.