Glossary entry (derived from question below)
Jun 23, 2007 15:40
16 yrs ago
Dutch term
huurlening
Dutch to English
Bus/Financial
Business/Commerce (general)
I am currently translating a tenancy agreement, and am struggling to find a suitable translation for the above term.
I found very little information online / in my financial/legal dictionaries (A. van den End, A.J. de Keizer), so any suggestions would be gratefully received.
The context is as follows:
"Onze kamers worden verhuurd volgens het huurleningsysteem.
Hierbij betaalt de huurder na ondertekening van de huurovereenkomst de huur voor
maximaal 18 maanden ineens aan de verhuurder met een maximum van € 5000.
De kamerhuur wordt maandelijks van het door jou betaalde bedrag afgeschreven.
Over het resterende bedrag verstrekt de verhuurder rente."
Am I correct in deducing that the total rent is payable in advance (by the tenant), and that the landlord / lessor pays interest (to the tenant) on the outstanding amount on termination of the agreement / at the end of the tenancy period?
I have never come across this type of tenancy agreement before, so any suggestions are more than welcome. KudoZ points will be awarded within 72 hours.
Many thanks,
Anne
I found very little information online / in my financial/legal dictionaries (A. van den End, A.J. de Keizer), so any suggestions would be gratefully received.
The context is as follows:
"Onze kamers worden verhuurd volgens het huurleningsysteem.
Hierbij betaalt de huurder na ondertekening van de huurovereenkomst de huur voor
maximaal 18 maanden ineens aan de verhuurder met een maximum van € 5000.
De kamerhuur wordt maandelijks van het door jou betaalde bedrag afgeschreven.
Over het resterende bedrag verstrekt de verhuurder rente."
Am I correct in deducing that the total rent is payable in advance (by the tenant), and that the landlord / lessor pays interest (to the tenant) on the outstanding amount on termination of the agreement / at the end of the tenancy period?
I have never come across this type of tenancy agreement before, so any suggestions are more than welcome. KudoZ points will be awarded within 72 hours.
Many thanks,
Anne
Proposed translations
(English)
4 +2 | rental loan | Alexander Schleber (X) |
3 | rent related loan | Albert Stufkens |
Proposed translations
+2
8 mins
Selected
rental loan
Your reading is correct IMO.
146 Google hits for the suggested term.
146 Google hits for the suggested term.
3 KudoZ points awarded for this answer.
Comment: "Many thanks for your help!"
5 hrs
rent related loan
An alternative term might be "lump sum in lieu of prepaid rent".
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