Glossary entry (derived from question below)
German term or phrase:
(Miet)ansatzverzichte
English translation:
reductions (in rent) - usually as inducements
Added to glossary by
alec_in_France
Mar 27, 2006 05:21
18 yrs ago
German term
(Miet)ansatzverzichte
German to English
Bus/Financial
Real Estate
housing
Die befristeten Ansatzverzichte bauen sich jaehrlich - bis zur Hoechstmiete - ab.
Proposed translations
(English)
| 4 | reductions (in rent) |
alec_in_France
|
Proposed translations
3 hrs
alec_in_France
Native in English
Specializes in field
Chartered Surveyor and valuer
Native in: English 
Works in: French to English, German to English
Related KudoZ points
:
416
Selected
reductions (in rent)
This appears to be part of a reduced rent deal - landlord's inducements on a commercial lease (or perhaps some sort of social benefits on a residential lease ?) which means that the actual rent demanded is less than the agreed level but will increase annually until it reaches it
4 KudoZ points awarded for this answer.
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