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  3. Real Estate

osake (real estate)

00:32 Sep 4, 2017
This question was closed without grading. Reason: No acceptable answer

Finnish to English translations [PRO]
Law/Patents - Real Estate
Finnish term or phrase: osake (real estate)
From an inheritance division agreement:

"Pesän omaisuutena olleet [address] osakkeet 1-50, jotka oikeuttavat 5 h+k+p käsittävän huoneiston (85,5 m2) nro A 1, on myyty [date] allekirjoitetulla kauppahinnalla."

= "The former estate property, [address] [???] 1-50, which [???] apartment (85.5 m2) A1, comprising 5 [???], was sold on [date] at the signed price."

Several key pieces of this sentence are not clear to me:

osakkeet - I know that "osake" can mean "(unit of a) condominium", but that's what it means here, then I don't understand why it is in the plural, when "huoneisto nro A 1" seems to refer to a single flat/apartment.

oikeuttaa - "entitle (someone) to (property)"?

The meaning of the abbreviation "h+k+p" is also unclear to me, but I devoted a separate thread to it already.

Thanks
G. L.
United States
Local time: 17:11


Summary of answers provided
5share
Desmond O'Rourke


Discussion entries: 1





  

Answers


2 days 21 hrs   confidence: Answerer confidence 5/5
share


Explanation:
osake in this context is a housing company share. Plural osakkeet because they number 1-50. These shares entitle the holder to a 5-room + kitchen + bathroom apartment unit measuring 85.5 sq. m. for the undersigned purchase price.

Desmond O'Rourke
United States
Local time: 20:11
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4
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