Edicts: What they are and how they are used at real estate auctions
September 29, 2025
What are decrees?
Decrees are official announcements published in the context of forced auctions in Austria. They contain all relevant information regarding an upcoming property auction: from the set market value to the property description, viewing appointments, and the formal conditions for participation. Thus, decrees are the core of any auction, as they provide potential buyers with the legal and economic basis for an informed decision.
Contents of a decree
A decree is much more than just a short announcement. It usually includes:
- Basic data: Address of the property, type of property (e.g., condominium, single-family house, plot).
- Market value: The estimated value determined by the court or expert, which serves as the starting point for the auction.
- Viewing appointments: Opportunity for interested parties to inspect the property in advance.
- Auction date: Location and time of the auction.
- Participation conditions: Amount of the security deposit (usually 10% of the market value) and formal procedures.
Legal significance
The publication of a decree is legally mandated and ensures that the process is transparent and comprehensible. Only in this way can it be ensured that all interested parties receive the same information and fair conditions prevail. With the decree, the court establishes the official framework for the auction; it is thus legally binding and forms the basis for the subsequent acceptance.
Regional differences
Decrees are published in all federal states, but the number of auctions varies significantly:
- Lower Austria leads the statistics with hundreds of dates annually.
- Vienna focuses on condominiums.
- Styria and Upper Austria feature a good mix of urban and rural properties.
- Tyrol achieves the highest bids, while Burgenland has the most auctions per capita.
- In Vorarlberg and Salzburg, the number of appointments is lower, but demand is strongly concentrated.
Challenge: The confusing decree file
Anyone trying to find information directly in the state decree file quickly encounters problems: confusing structures, poorly filterable data, and a lack of user-friendliness. For interested parties, this often means valuable time is lost or important opportunities are overlooked.
The solution: LocalAuction.at
This is where LocalAuction.at comes in: All decrees are automatically collected, structured, and presented clearly. Buyers can specifically search by federal state, property type, or region and receive the most important information at a glance. This eliminates the tedious sifting through the decree file.
“While the state publication fulfills the obligation, LocalAuction.at provides the enhancement of transparency, structure, and ease of use.”
Your advantages with LocalAuction.at
- Clarity: All decrees are clearly structured and easy to find.
- Search by regions: Find properties specifically from Carinthia to Vienna.
- Time-saving: Instead of confusing entries in the decree file, users receive all data immediately in a structured form.
- Linked documents: Market value reports, photos, and detailed information are directly integrated.
Conclusion
Decrees are the key to any property auction in Austria, but only structured preparation makes them truly valuable. With LocalAuction.at, interested parties gain not only access to official information but a modern platform that combines transparency, clarity, and efficiency. Anyone looking to successfully participate in auctions cannot overlook LocalAuction.at.
