GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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21:16 Nov 28, 2008 |
Italian to English translations [PRO] Law/Patents - Law (general) / compravendita | |||||||
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| Selected response from: Pasquale Capo Canada Local time: 08:38 | ||||||
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Summary of answers provided | ||||
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4 +1 | reselling the rights to buy the property (before obtaining full title) |
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4 | flipping the property |
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flipping the property Explanation: flipping consiste nel rivendere un bene immobiliare perima che concluda l'atto notarile che trasferisce definitivamente la proprieta' del bene stesso |
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reselling the rights to buy the property (before obtaining full title) Explanation: A "compromesso" or preliminary contract gives way to personal rights and not rights in rem (it gives the right to enforce the property owner to sell the land but does not gives rights over the land itself). Therefore reselling on "compromesso" is, techinically speaking, te sale of the right to buy the land from the owner. |
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