Legal Term

What is Burden Equalization?

A statutory system compensating war-displaced persons in Austria.

Key Facts — Burden Equalization

Austria's Lastenausgleich system was created post-WWII to equalize war burdens.

It involves levies on capital and property to fund compensation.

Affects property assessments and transaction values.

Key in understanding Austrian property tax history.

Still relevant in some property transactions and valuations.

Common Mistake: Not all properties are affected equally; assessment depends on acquisition date and history.
Expert Tip: When purchasing Austrian property, understand how Lastenausgleich might affect your legal status and taxes.

Frequently Asked Questions

Does it apply to all properties?

It depends on property history and acquisition date.

How does it affect modern transactions?

Usually minimal impact now, but historically significant properties may be affected.

Is it still collected?

Collection rates are now minimal or ceased in most cases.

→ Read our full guide: Guide To Lawyers In Austria

AK
AvökatFinder Editorial Team Legal glossary editors — expat legal terms across 41 European countries

This glossary entry is produced by the AvökatFinder editorial team and reviewed for accuracy. It is for informational purposes only and does not constitute legal advice. Always consult a qualified lawyer in Austria for advice specific to your situation.

Need a Lawyer in Austria?

Browse our verified directory of English-speaking law firms across Austria. All listed firms offer English-language legal services to expats and foreign nationals.

Find My Lawyer in 60 Seconds