Glossary entry

Romanian term or phrase:

cota teren

English translation:

land ownership rate

Added to glossary by Simon Charass
Dec 11, 2015 17:57
8 yrs ago
11 viewers *
Romanian term

cota teren

Romanian to English Other Law: Contract(s)
dreptul de proprietate asupra terenului aferent apartamentului, in suprafata de 17 mp (cota teren 850/20.700)
Proposed translations (English)
5 land ownership rate
3 percentage landholding interest
Change log

Dec 13, 2015 21:07: Simon Charass Created KOG entry

Proposed translations

3 hrs
Selected

land ownership rate

land ownership rate of 850/20,700

The owner of the apartment also owns a pro-rated portion of the land.
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4 KudoZ points awarded for this answer.
5 hrs

percentage landholding interest

Perhaps a good idea to delete the duplicate of the question.

Simon C. has diverted me away from the service charge contribution rate.

In E&W, this unequal percentage would likely represent separate ownership ('tenancy-in-common') as opposed to a 50/50 joint ownership ('joint tenancy').
Example sentence:

OzE > Unencumbered value of all Victorian land holdings. $10,000,000 (A). Percentage interest acquired as a result of relevant acquisition. 70% (B).

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