Circular resolutions in Austria: Implementing WEG reform digitally and in a legally compliant manner

Property management companies in Austria benefit from automated quorum checks and legally compliant digital voting in accordance with WEG 2022 with the AI-supported tool vBeschluss from prop.ID.

Since the 2022 WEG reform in Austria, the hurdle for passing resolutions has been significantly lowered - in theory. In practice, however, many property management companies still struggle with the complex calculation of majorities and the written collection of votes. With vBeschluss, the prop.ID platform offers a specialized solution for digitally implementing circular resolutions in Austria in accordance with the WEG reform.

The challenge: calculating majorities in a legally compliant manner The reform has made things easier with "fictitious consent" and new majority requirements (e.g., two-thirds of the votes cast, representing at least one-third of all shares). However, manually checking these quorums is prone to errors. prop.ID automates this process completely. Anyone who wants to implement a circular resolution digitally in Austria receives an immediate evaluation from the system as to whether the necessary quorum has been reached. Additive circular resolutions as an efficiency booster A special highlight for the Austrian market is the support of additive procedures. If the necessary majority is narrowly missed in an owners' meeting, prop.ID enables seamless continuation as a circular resolution.

"In Austria, we see an enormous need for solutions that not only digitize, but also take into account the specific majority ratios of the Austrian WEG in the background," says the prop.ID team. "Our goal is to eliminate the need for administrators to use a calculator to check whether a resolution is valid."

Advantages for property managers in Austria: * Legal certainty according to WEG 2022: Consideration of specific Austrian majority requirements. * Digital consent fiction: Legally compliant documentation of vote flows. * Time savings: Elimination of postal delivery of ballots through the use of text form. * Easy handling: Owners can vote via cell phone or PC without complicated registration. Innovation against administrative overhead The digitization of circular resolutions in Austria is no longer a "nice-to-have" for modern administrations, but an economic necessity. prop.ID reduces the processing time for resolutions from several weeks to a few days and noticeably relieves employees of routine administrative tasks.

Austrian property managers and real estate trustees can arrange a free online demo to test the platform for their specific requirements.

prop.ID GmbH
Sternwartestrasse 39
1180 Wien
Oesterreich

https://www.prop.id
pr@prop.id

prop.ID is the leading provider of digital solutions for modern property management. With vBeschluss and other tools, we support property managers in automating processes - for greater efficiency, compliance, and owner satisfaction.

This release was published on openPR.