Nov 7, 2018 06:43
5 yrs ago
2 viewers *
English term
tenure position
English to German
Bus/Financial
Real Estate
- We have adopted a yield of 3,5% at xxx to reflect the "short nature of the tenure position here compared to if it was a clean freehold."
Was ist hier unter "tenure position" zu verstehen?
Es geht um Renditeanalysen, Mietverträge im Bereich Gewerbeimmobilien
Danke.
Was ist hier unter "tenure position" zu verstehen?
Es geht um Renditeanalysen, Mietverträge im Bereich Gewerbeimmobilien
Danke.
Proposed translations
(German)
4 | Mietverhältnis | Stuart and Aida Nelson |
Proposed translations
1 day 11 hrs
Selected
Mietverhältnis
There are 2 main kinds of property ownership in the UK: freehold and leasehold.
A property owned under freehold is owned completely, i.e. the land and the building, unlike the property owned under leasehold where you own the building but you don't own the land.
There is also the shared ownership scheme where you own a percentage of the property as a leasehold and pay rent for the part you don't own. I think this is what is meant here with 'tenure'
Tenure: Tenancy - Miete /Mietverhältnis
The conditions under which land or buildings are held or occupied.
tenancy, occupancy, holding, occupation, residence
https://en.oxforddictionaries.com/definition/tenure
How shared ownership works?
With shared ownership, you buy between a quarter and three-quarters of a property.
All shared ownership homes in England are offered on a **leasehold only basis**.
Once you own 75%, you won’t have to **pay rent** on the remaining share.
https://www.moneyadviceservice.org.uk/en/articles/shared-own...
4 KudoZ points awarded for this answer.
Comment: "Danke"
Discussion
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