Glossary entry

English term or phrase:

"entitled to the reversion expectant on the determination of the Term"

Portuguese translation:

-..autorizada, ante à expectativa de reversão, na conclusão do Termo

Added to glossary by Marcos Antonio
Jun 2, 2011 02:56
12 yrs ago
11 viewers *
English term

"entitled to the reversion expectant on the determination of the Term"

English to Portuguese Other Real Estate Lease
"Landlord shall include the person entitled to the reversion immediately expectant on the determination of the Term."

I believe that "reversion immediately expectant on the determination of the Term" means that the Landlord is entitled to have the leased property back upon the end of the agreed Term, but I wanted to confirm that and if there is a specific translation.
My idea is: "O Locador incluirá a pessoa a quem assistirá o direito de reaver o imóvel imediatamente, uma vez transcorrido o prazo da locação."

I appreciate any suggestion.
Thanks!
Change log

Jun 13, 2011 22:22: Marcos Antonio Created KOG entry

Discussion

MHW (asker) Jun 2, 2011:
Yes, you are right, reversion means handing back the property when the leases end, and since lease in question is for decades it should be a different person. Thank you for the helpful page!
Martin Riordan Jun 2, 2011:
There is a lot of information on this page:
http://www.lease-advice.org/publications/documents/document....
"reversion" would seem to be the handing back of the property at the end of the lease. However, I have the impression from what I saw that "Landlord shall include the person entitled..." means that the term "landlord" is being used to refer to the person who, WHEN THE LEASE ENDS, is entitled to receive the property. As it would appear that these leases can be for decades, this might well be a different person to the landlord today, so it will be the person who is the landlord at some time in the future.

Proposed translations

9 hrs
Selected

-..autorizada, ante à expectativa de reversão, na conclusão do Termo



-..autorizada, ante à expectativa de reversão, na conclusão do Termo
Note from asker:
This is a good suggestion, thanks so much!
Something went wrong...
2 KudoZ points awarded for this answer.
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search