festeavgift

English translation: ground rent

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Norwegian term or phrase:festeavgift
English translation:ground rent
Entered by: dmesnier

19:48 May 27, 2014
Norwegian to English translations [PRO]
Law/Patents - Law: Contract(s) / Lease agreement
Norwegian term or phrase: festeavgift
I need to verify the correct English translation for this - perhaps set or fixed tax? It appears in the following. Thanks for your help!

I tillegg til leien betaler Leietaker alle kostnadene knyttet tli drift- og vedlikehold (herunder eventuelle utskiftinger) av Leleobjektets ulike elementer (bygg og eiendom - innvendig og utvendig) som spesifisert nedenfor under bl,a, punkt 11, herunder festeavgift, forsikring, eiendomsskatt og avgifter.
dmesnier
United States
Local time: 12:08
ground rent
Explanation:
Looks like fixed duty, but ground rent fits the context.
Selected response from:

Adrian MM. (X)
Local time: 18:08
Grading comment
thanks!
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +2ground rent
Adrian MM. (X)
5 -1leasehold fee
jeffrey engberg


  

Answers


4 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +2
ground rent


Explanation:
Looks like fixed duty, but ground rent fits the context.


    Reference: http://www.translate.com/english/festeavgift/46381699
Adrian MM. (X)
Local time: 18:08
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 89
Grading comment
thanks!

Peer comments on this answer (and responses from the answerer)
agree  Norskpro: That's what Ordnett online says (årlig avgift for leie av tomtegrunn)
15 hrs
  -> Thanks. Ground rent has got a technical meaning and what I also pay on a West London lease-/common-hold.

agree  Charlesp: yep!
1 day 2 hrs
  -> Thanks.
Login to enter a peer comment (or grade)

8 hrs   confidence: Answerer confidence 5/5 peer agreement (net): -1
leasehold fee


Explanation:
this is the correct term.
see the difference between freehold & leasehold
also leasehold charge


    Reference: http://en.wikipedia.org/wiki/Leasehold_estate
    https://www.gov.uk/leasehold-property/overview
jeffrey engberg
Norway
Local time: 18:08
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 28

Peer comments on this answer (and responses from the answerer)
disagree  Charlesp: Can't find a reference to the term "leasehold fee" with a Google search, and have never heard the term before. (plus reference doesn't contain the term)
23 hrs
Login to enter a peer comment (or grade)



Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.


See also:
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search