Glossary entry (derived from question below)
German term or phrase:
Vorkaufsberechtigung
English translation:
exercise the right of first refusal
Added to glossary by
Languageman
Jun 12, 2005 14:44
19 yrs ago
1 viewer *
German term
Vorkaufsberechtigung
German to English
Law/Patents
Real Estate
Austrian Contract of Sale
From an Austrian contract of sale for a property, referring to a declaration required from the tenant before the sale can proceed. Previous sentence relates to the tenant not exercising his pre-emptive rights (Vorkaufsrecht nicht ausüben) [I suspect that there might be a "nicht" missing before "einzulösen"]:
Vorlage einer qualifizierter Aufforderung an die Firma Schmidt gemäß § 1072 ABGB binnen der gesetzlichen Frist des § 1075 ABGB von 30 Tagen die Vorkaufsberechtigung einzulösen.
My attempt so far:
Submission of a qualifying order to the company Schmidt, in accordance with § 1072 ABGB, within the statutory period of 30 days, to exercise the **right of pre-emption**
? Aufforderung = Order
? einlösen = exercise
Vorlage einer qualifizierter Aufforderung an die Firma Schmidt gemäß § 1072 ABGB binnen der gesetzlichen Frist des § 1075 ABGB von 30 Tagen die Vorkaufsberechtigung einzulösen.
My attempt so far:
Submission of a qualifying order to the company Schmidt, in accordance with § 1072 ABGB, within the statutory period of 30 days, to exercise the **right of pre-emption**
? Aufforderung = Order
? einlösen = exercise
Proposed translations
(English)
| 5 +6 | exercise the right of first refusal |
silfilla
|
| 4 | giving of proper notice to exercise the right of pre-emption |
Adrian MM. (X)
|
Proposed translations
+6
1 min
silfilla
Works in field
Selected
exercise the right of first refusal
:-)
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Note added at 5 mins (2005-06-12 14:50:07 GMT)
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although Romain offers \"right of preemption, preemptive right, and so forth,\" *right of first refusal* is the common translation. It means that XXX has to offer an object to YYY first.
File Format: PDF/Adobe Acrobat
In the event that Lessee declines to exercise its right of first refusal after ... transfer or sale is not consummated, the Lessee\'s right of first refusal ...
www.airea.com/Forms_PDF/Right_Refusal.PDF
Right of First Refusal Agreement (California corporation ...
Right of First Refusal Agreement (California corporation) | Incorporation Forms forms and agreements from Allbusiness.com.
www.allbusiness.com/forms/incorporation/136.html
Right of First Refusal and Co-Sale Agreement | Venture Capital by ...
Right of First Refusal and Co-Sale Agreement | Venture Capital forms and agreements from Allbusiness.com.
www.allbusiness.com/forms/venturecapital/303.html
Right of First Refusal Clauses in Book Contracts
Thoughts on non-compete and right-of-first refusal clauses in publishing contracts.
www.oreillynet.com/pub/wlg/4118
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Note added at 7 mins (2005-06-12 14:52:22 GMT)
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Aufforderung = request
einlösen (here) = exercise
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Note added at 5 mins (2005-06-12 14:50:07 GMT)
--------------------------------------------------
although Romain offers \"right of preemption, preemptive right, and so forth,\" *right of first refusal* is the common translation. It means that XXX has to offer an object to YYY first.
File Format: PDF/Adobe Acrobat
In the event that Lessee declines to exercise its right of first refusal after ... transfer or sale is not consummated, the Lessee\'s right of first refusal ...
www.airea.com/Forms_PDF/Right_Refusal.PDF
Right of First Refusal Agreement (California corporation ...
Right of First Refusal Agreement (California corporation) | Incorporation Forms forms and agreements from Allbusiness.com.
www.allbusiness.com/forms/incorporation/136.html
Right of First Refusal and Co-Sale Agreement | Venture Capital by ...
Right of First Refusal and Co-Sale Agreement | Venture Capital forms and agreements from Allbusiness.com.
www.allbusiness.com/forms/venturecapital/303.html
Right of First Refusal Clauses in Book Contracts
Thoughts on non-compete and right-of-first refusal clauses in publishing contracts.
www.oreillynet.com/pub/wlg/4118
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Note added at 7 mins (2005-06-12 14:52:22 GMT)
--------------------------------------------------
Aufforderung = request
einlösen (here) = exercise
Peer comment(s):
| agree |
swisstell
4 mins
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Thanks, Mr. Tell :-)
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| agree |
Ingrid Blank
7 mins
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thanks, Ingrid :-)
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| agree |
Lydia Molea
33 mins
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thanks, Lydia :-)
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| agree |
roneill
: absolutely
1 hr
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thanks, Rónat :-)
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| agree |
Steffen Walter
3 hrs
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:-))
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| agree |
Dipl.-Kfm. Bernhard Aicher MBA
: suggested translation is OK but: http://www.notar.at/de/portal/dernotar/service/rechtstipps/i...
4 hrs
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yes, of course! Thanks, Bernhard :-)
|
4 KudoZ points awarded for this answer.
Comment: "Lightening quick and a popular vote!"
5 hrs
German term (edited):
Vorlage einer qualifizierten Aufforderung ...die Vorkaufsberechtigung einzul�sen
giving of proper notice to exercise the right of pre-emption
Aufforderung is (the landlord's) notice and not a request, requisition, (court!) order or demand. In a UK leasehold enfranchisement context, it is called a tenant's 'desire notice' to purchase the freehold.
Notice in the UK is given, rather than submitted or produced.
Qualifizierter means in proper form. Qualifying is a false friend.
Vorkaufsberechtigung is the same as Vorkaufsrecht under §§ 1072 ff of the Au ABGB = Au Allgemeines Bürgerliches Gesetzbuch, as quoted in the question.
"PROPER NOTICE". Your landlord can't just raise the rent or throw you out any time he wants to. He has to follow some rules. ...
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Note added at 5 hrs 48 mins (2005-06-12 20:33:01 GMT)
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The leaseholders must first serve a Desire notice on the freeholder. ... However, disputes should be referred to the Leasehold Valuation Tribunal. ...
www.freelawyer.co.uk/vlawyer/actfile. asp?seq=1&subject1=5&subject2=7
Notice in the UK is given, rather than submitted or produced.
Qualifizierter means in proper form. Qualifying is a false friend.
Vorkaufsberechtigung is the same as Vorkaufsrecht under §§ 1072 ff of the Au ABGB = Au Allgemeines Bürgerliches Gesetzbuch, as quoted in the question.
"PROPER NOTICE". Your landlord can't just raise the rent or throw you out any time he wants to. He has to follow some rules. ...
--------------------------------------------------
Note added at 5 hrs 48 mins (2005-06-12 20:33:01 GMT)
--------------------------------------------------
The leaseholders must first serve a Desire notice on the freeholder. ... However, disputes should be referred to the Leasehold Valuation Tribunal. ...
www.freelawyer.co.uk/vlawyer/actfile. asp?seq=1&subject1=5&subject2=7
Reference:
Discussion