cross-lease
French translation: 'détenu par une indivision .....'
| 14:49 Nov 28, 2020 |
| English to French translations [PRO] Law/Patents - Law (general) / Contrat de vente d'un bien immobilier | |||||||
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|  Selected response from: Francois Boye United States Local time: 00:29 | ||||||
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| Summary of answers provided | ||||
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| 3 +1 | copropriété en droit de superficie (pleine propriété) (droit > de bail > emphytéotique) |
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| 4 | 'détenu par une indivision .....' |
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| Discussion entries: 5 | |
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Answers
1 day 11 hrs confidence: 
peer agreement (net): +1
peer agreement (net): +1| NZ: cross-lease (freehold) (leasehold) copropriété en droit de superficie (pleine propriété) (droit > de bail > emphytéotique) Explanation: I'll leave Ph-B to post 'copropriété horizontale/ copropriété du sol', though the Swiss system of co-ownership is worth taking a look at. A ProZ web ref translates the term into German as eine grenzüberschreitende Pacht, so mistakenly as a cross-boundary or cross-border = international franchise or rental, but the 999-year 'virtual-freehold' makes me think of a US-type condo or, rather, a UK-type commonhold under which a lease extended from 99 years is granted. In this case, the grant is also a building lease. Example sentence(s):
Reference: http://blog.andrewduncan.co.nz/should-i-buy-a-cross-lease-pr... Reference: http://www.ldlegal.ch/en/posts/la-propriete-par-etage-en-dro... |
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2 days 1 hr confidence:
'détenu par une indivision .....' Explanation: 'détenu par une indivision qui aussi possède les maisons en location construites sur ledit bien immobilier' A cross lease is where a number of people own an undivided share in a piece of land and the homes that they build on the land are leased from the other land-owners (normally for a term of 999 years). The houses are usually flats or townhouses. The implications of being on a cross lease are that, when you are making major structural changes to your property or making changes that could affect the flats plan on the certificate of title, then as well as approaching the local authority, you’ll need the other owners in the cross lease to provide their written approval. Another disadvantage is the decision making process around common area (access, outdoor amenity areas etc) must be made in consultation with the other owners and all must be in agreement. Source: https://www.subdivision.net.nz/faq/cross-lease-property/ https://construction-maison.ooreka.fr/qr/voir/340458/constru... |
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