DIE PRESSE Features KNOETZL Guest Article on the Rent of Unusable Business Premises: The Many Pitfalls of Statutory Rent Reduction
This message to all businesses affected by the imposed closures and curfews is a ray of hope in a dark time of crisis: According to § 1104 f ABGB (Austrian Civil Code), rental fees are (partially) waived if the tenant cannot (partially) use the rented premises “due to extraordinary circumstance”, e.g. “fire, war or an…