Nov 4, 2018 16:20
5 yrs ago
English term
free assignment
English to German
Bus/Financial
Real Estate
We also note that the current Agreement does not allow *free assignment*. We have been instructed to assume that on applications to xxx, consent would be granted without any cost or impact on value to allow a vendor sale and that a purchaser would be able to rely on the same consent being granted for future applications.
Ist mit *free assignment* *Abtretung* gemeint? Das ist mir hier nicht ganz klar. Kennt sich jemand aus?
Es geht hier um Reglementationen einer Genehmigungsbehörde zum Verkauf von Investmentobjekten. Danke.
Ist mit *free assignment* *Abtretung* gemeint? Das ist mir hier nicht ganz klar. Kennt sich jemand aus?
Es geht hier um Reglementationen einer Genehmigungsbehörde zum Verkauf von Investmentobjekten. Danke.
Proposed translations
(German)
| 3 | Einschränkungen bei der Abtretung |
Stuart and Aida Nelson
|
Proposed translations
2 hrs
Stuart and Aida Nelson
United Kingdom
United Kingdom
Native in English
United Kingdom
English lawyer and German national
Native in: English (Variant: British) 
, Spanish (Variants: Latin American, Standard-Spain)
Works in: German to English, Italian to English, French to English, and 13 more.
Related KudoZ points
:
8
Selected
Einschränkungen bei der Abtretung
Es gibt Einschränkungen bei der Abtretung im gegenwärtigen Vertrag.
What’s an assignment?
An assignment is when a Seller sells their interest in a property before they take possession – in other words, they sell the contract they have with the Builder to a new purchaser. When a Seller assigns a property, they aren’t actually selling the property (because they don’t own it yet) – they are selling their promise to purchase it, along with the rights and obligations of their Agreement of Purchase and Sale contract. The Buyer of an assignment is essentially stepping into the shoes of the original purchaser.
The original purchaser is considered to be the Assignor; the new Buyer is the Assignee. The Assignee is the one who will complete the final sale with the Builder.
Do assignments only happen with pre-construction condos?
It’s possible to assign any type of property, pre-construction or resale, provided there aren’t **restrictions** against assignment in the original contract. An assignment allows a Buyer of a any kind of home to sell their interest in that property before they take possession of it.
https://www.getwhatyouwant.ca/ten-essential-things-to-know-a...
What’s an assignment?
An assignment is when a Seller sells their interest in a property before they take possession – in other words, they sell the contract they have with the Builder to a new purchaser. When a Seller assigns a property, they aren’t actually selling the property (because they don’t own it yet) – they are selling their promise to purchase it, along with the rights and obligations of their Agreement of Purchase and Sale contract. The Buyer of an assignment is essentially stepping into the shoes of the original purchaser.
The original purchaser is considered to be the Assignor; the new Buyer is the Assignee. The Assignee is the one who will complete the final sale with the Builder.
Do assignments only happen with pre-construction condos?
It’s possible to assign any type of property, pre-construction or resale, provided there aren’t **restrictions** against assignment in the original contract. An assignment allows a Buyer of a any kind of home to sell their interest in that property before they take possession of it.
https://www.getwhatyouwant.ca/ten-essential-things-to-know-a...
4 KudoZ points awarded for this answer.
Comment: "Danke"
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