You have expressed interest in a property financing on a platform or submitted an investment offer and wish to withdraw the decision. As a first step the specific legal framework must be established. Not every offer described as crowdfunding is subject to the same rules.
Assign the use case first
This Austrian article deals exclusively with a crowd-financing offer within the scope of Regulation (EU) 2020/1503 and a potential retail investor (nicht kundiger Anleger). It is not a general withdrawal guide for all subordinated loans or direct project participations. Any doubtful classification must be clarified by an expert without delay.
Article 22 of the Regulation provides a pre-contractual reflection period for the investor mentioned. During this time the investment offer or expression of interest can be withdrawn without giving reasons and without contractual penalty. It begins with the offer or the expression of interest and ends four calendar days thereafter. [ECSP] Do not confuse this starting point with any later payment date.
Locate the specific declaration immediately
Find the exact product designation, platform, confirmation and the documented submission time. Add the information provided about the start, duration and modalities of withdrawal. Article 22 requires corresponding information to be provided before submission as well as information immediately after receipt about the start of the reflection period. [ECSP]
If you already wish to withdraw, submit the matter without delay by the appropriate means and secure proof. Do not wait for a general market or return review. This article does not calculate the last permissible time for any individual case and does not replace immediate expert clarification in case of doubt.
Use the offered withdrawal channel in a verifiable way
Under Article 22 the withdrawal modalities must at least include the same options by which the offer or interest can be submitted. [ECSP] Ensure that your declaration can be assigned to the specific transaction and keep the proof actually generated. A draft saved by yourself does not yet prove that the declaration was transmitted.
If a confirmation is not forthcoming or the intended route does not work, document the actual situation and obtain suitable assistance quickly. The site does not assert a universal substitute address nor an extension of the reflection period due to technical difficulties.
Understand the limited effect
The reflection period is not a permanent possibility to return an ongoing investment later at will if needed. In the case of individual credit portfolio management Article 22 also contains a special limitation to the initial mandate. [ECSP] Whether other rights exist after expiry or outside this case requires separate examination.
Ordered processing therefore links classification, submission time, correct communication channel and proof of transmission. It turns an uncertain recollection into a concretely examinable matter; it does not provide a single-case confirmation of an effective withdrawal.