Glossary entry

English term or phrase:

Act on Freehold Flats

Bulgarian translation:

закон за пълноправна/безусловна жилищна собственост

Added to glossary by natasha stoyanova
Jul 13, 2008 09:45
15 yrs ago
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English term

Act on Freehold Flats

English to Bulgarian Other Law (general)
Unless otherwise decided or registered, cf. § 7 of the Act on Freehold Flats, the present regulation governs practice concerning the management of owners’ associations, the presentation and auditing of accounts, maintenance and the distribution of expenses etc.
Change log

Jul 17, 2008 16:09: natasha stoyanova Created KOG entry

Discussion

Lyudmil Spasov Jul 13, 2008:
Вижте този линк, надявам се да от помощ: http://www.netloans.co.uk/glossary/Freehold-Flat-311.aspx

Proposed translations

2 hrs
Selected

закон за пълноправна/безусловна жилищна собственост

freehold = пълноправна собственост върху земи, недвижими имоти и др.
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4 KudoZ points awarded for this answer. Comment: "Благодаря."
1 day 1 hr

Закон за неограничената апартаментна собственост

Закон за неограничената апартаментна собственост [без съпритежание на идеални части]

Това е алтернатива на leasehold (при която се получава право на ползване за определен период от време).

Определения:
1) Oxford Business Dictionary
/; AmE / noun [C,U] (also freehold estate [C] (less frequent) (both especially BrE)
(Law; Property)
the fact of owning a building or piece of land for a period of time that is not limited:
Private tenants in flats have the right to buy the freehold from their landlord.

2) Oxford English Dictionary
A tenure by which an estate is held in fee-simple, fee-tail, or for term of life; applied also to a corresponding tenure of a dignity or office.

Интересното е, че собствениците на freehold flats понякога не притежават сградата като цяло и следователно възниква необходимостта от уреждане на плащанията, касаещи maintenance fees по нея:

It is rare to find a true freehold flat, which is where the ownership extends only to the boundaries of the flat itself and most mortgage lenders will not accept these as security.

'There are potential difficulties in getting flat owners to agree on costs of repair and maintenance, and this could affect the security in the eyes of the lender.
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