Glossary entry

English term or phrase:

entitlement process

Dutch translation:

bestemmingsplanprocedure

Added to glossary by Kitty Brussaard
Jan 11, 2009 13:38
15 yrs ago
English term

land entitlement

English to Dutch Tech/Engineering Construction / Civil Engineering Real Estate
For unimproved land projects, the Fund generally acquires properties that have already begun or are far into the "entitlement process"
Het gaat hier over property investment op de Amerikaanse markt. Heeft entitlement iets te maken met "bestemming"?
Change log

Jan 14, 2009 22:55: Kitty Brussaard Created KOG entry

Proposed translations

9 hrs
English term (edited): entitlement process
Selected

bestemmingsplanprocedure

Volgens mij wordt hier bedoeld dat het Fonds voor wat betreft haar activiteiten op het gebied van projectontwikkeling van onontwikkelde (percelen) grond (i.e. unimproved land) in de regel alleen percelen grond aankoopt waarvoor de bestemmingsplanprocedure reeds is gestart dan wel in een vergevorderd stadium is.

Unimproved land. Raw land in its natural condition which has in no way been improved. Find a Real Estate Agent to help you to buy or sell a home ...
http://www.realestateagent.com/real-estate-glossary/Realesta...

X buys unimproved land. in the United States. X gets the land zoned for residential housing through an entitlement. process. X grades the land and sells the ...
http://www.hbkcpa.com/ConstructionArticles/IRC SECTION 199-D...

Land developers typically acquire natural or unimproved land (often referred to as raw land, real property with no improvements or infrastructure) and improve it with utility connections, roads, earth grading, covenants, and entitlements. (...) Entitlements are secured legal permissions from regulatory bodies (typically in the form of permits, but sometimes in the form of re-zoning or planned unit developments). Once these improvements have been made to the raw land, it is typically subdivided and sold piecemeal at a profit to building developers or individuals.
http://www.nationmaster.com/encyclopedia/Real_estate-develop...

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Note added at 2 days5 hrs (2009-01-13 18:53:09 GMT)
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Zie ook de volgende toelichtingen op het begrip 'entitlement process' (in deze context).

What is An Entitlement?
The definition of entitlement with regard to land development is the legal method of obtaining approvals for the right to develop property for a particular use. The entitlement process is complicated, time consuming and can be costly, but know what you can and can't do with a piece of property is vital to determining the real estate feasibility of your project.
http://ezinearticles.com/?Property-Development---Whats-an-En...

The proposed plans are submitted to the city, county, state and federal governments for necessary approvals. This is known as "The Entitlement Process" and involves all of the critical sign-offs and approvals required for the newly proposed use of the property. (...)
In this step, the Land Developer literally 'creates' value and this is why raw land development can be so profitable. It is this entitlement process that creates an average 300-500% increase in the value of raw land - often with limited associated costs for even higher profits!
http://www.johnhanlin.com/Raw_Land_Development_101.html
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4 KudoZ points awarded for this answer. Comment: "Bedankt, dit was de bevestiging die ik zocht"
3 hrs

toewijzingsprocedure

Wanneer een openbare vastgoedmaatschappij beschikt over een woning, wijst zij deze toe aan de persoon die bovenaan de lijst staat
Example sentence:

Deze toewijzingsprocedure wordt gehanteerd voor een periode van 2 maanden na start verkoop.

Peer comment(s):

neutral Leo te Braake | dutCHem : ik ben niet thuis in vastgoed, niet hier en niet in Amerika, maar ik heb het gevoel dat dit er naast zit.
39 mins
neutral Kitty Brussaard : With Leo. The context is about (investments in) land/property development (i.e. of raw/unimproved land).
2 days 1 hr
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-1
19 hrs

Percelen die deel uitmaken van een overheidsproject

Entitlement programme: overheidsprogramma waarvan de financiëring jaarlijks herzien wordt. Zie link (Engels - Duits)



Example sentence:

een toewijzingsprogramma

Peer comment(s):

disagree Kitty Brussaard : Reference is made to the 'entitlement process' which in the context of land development/projects is related to Dutch 'bestemmingsprocedure' (i.e. as a result of this process the property owner is 'entitled' to use the land for f.i. residential purposes.
1 day 9 hrs
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