Information about the right to withdraw from distance and off-premises contracts and client information of such right

The prospective client is informed that pursuant to Sec. 11 FAGG, it has the right to withdraw from an agency agreement within 14 days, if such agreement was concluded outside the real estate agent’s premises (off-premises contract) or exclusively as a result of distance selling. The 14-day withdrawal period commences on the day the agreement is concluded. While the notice of withdrawal does not require any specific format, it may be made by means of the model form provided.

If the client wants the agent to take action (e.g. by providing detailed information, fixing an appointment for the viewing of a property) before the 14-day withdrawal period has expired, the client must explicitly instruct the agent. In such case the client loses its right to withdraw, provided the agreement has been “completely fulfilled” during that period.

Based on common business practice, “complete fulfillment” means the agent’s identification of a business opportunity, in particular if the client does not desire or enable any further action by the agent. In such situation the agency agreement can no longer be cancelled and is the basis for the agent’s entitlement to commission, provided the agent’s identification of a business opportunity ultimately leads to the conclusion of a business transaction.
In the event of withdrawal pursuant to Sec. 11 FAGG, the client undertakes to refrain from using the information received.

We would like to point out that the real estate agents fee is only payable when a real estate transaction is concluded. (e.g. purchase contract, rental contract)

Withdrawal form (complete and return this form only if you wish to withdraw from the contract)
To
Sage Immobilien Real Estate GmbH
Salzmannstrasse 5
5700 Zell am See
Austria
info@sage-immobilien.at

Name of the customer:
Address:
Phone:
Email:

I hereby withdraw from the brokerage agreement concluded by me on (date).