Baurecht
by Brandauer RA
Glossary

Price reduction

A secondary warranty remedy: reduction of the remuneration in line with the reduced value of the defective works, without dissolving the contract (section 932 ABGB).

In brief

Price reduction comes into consideration where the repair does not take place or is impossible or unreasonable. The remuneration is reduced in the ratio in which the value of the defect-free works stands to the value of the defective works (the relative method of calculation).

Unlike rescission, price reduction leaves the contract in place. It is suited to defects that do not entirely frustrate use but noticeably reduce the value of the works. In addition, where the contractor is at fault, damages may exist.

Legal basis

Statutory texts for orientation; the version in force at the relevant time prevails.

This explanation gives a general overview of Austrian law and does not replace advice in an individual case. The specific circumstances of your construction project are always decisive.

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Contact

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Address

BRANDAUER Rechtsanwälte GmbH Giselakai 51 5020 Salzburg