This question was closed without grading. Reason: Answer found elsewhere
Oct 16, 2016 11:23
7 yrs ago
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Spanish term
resultase inferior el precio efectivo de la compraventa
Spanish to English
Law/Patents
Law: Contract(s)
In a lease contract for a warehouse from Spain for translation to British English.
El Arrendatario podrá ejercitar un derecho de tanteo sobre la Nave en los [TREINTA (30) días] siguientes a la fecha en que el Arrendador le haya comunicado fehacientemente su decisión de vender la Nave, el precio y las demás condiciones de la transmisión.
En caso de que el Arrendador no practique la antedicha notificación o se haya omitido en ella cualquier condición esencial de la transmisión así como cuando ***resultase inferior el precio efectivo de la compraventa*** o menos onerosas sus restantes condiciones esenciales, tendrá el Arrendatario un derecho de retracto que caducará a los [TREINTA (30) días] naturales contados desde el siguiente a la notificación que en forma fehaciente deberá hacer el adquirente al Arrendatario de las condiciones esenciales en que se efectuó la compraventa mediante entrega de la escritura o documento en que aquella se formalizó.]
I am not sure that I understand the reasons given for why the Lessor can waive his right to Preferential Purchase. This wording is taken directly from the Spanish Law but I am not sure what the precio efectivo refers to - the price the Lessor originally paid, the price the buyer is planning to pay and 'inferior' to what?
So far I have:
The Lessee may exercise his right of pre-emption on the Warehouse in the [THIRTY (30) days] following the date on which the Lessor notifies him, in a verifiable manner, of his decision to sell the Warehouse, the price and other terms and conditions of the conveyance.
If the Lessor does not make the aforementioned notification or if any of the essential conditions relating to the conveyance are omitted from the notification, or if ... the effective purchase price is lower or the other essential conditions are less onerous .......the Lessee shall have the right to withdraw ....
TIA
El Arrendatario podrá ejercitar un derecho de tanteo sobre la Nave en los [TREINTA (30) días] siguientes a la fecha en que el Arrendador le haya comunicado fehacientemente su decisión de vender la Nave, el precio y las demás condiciones de la transmisión.
En caso de que el Arrendador no practique la antedicha notificación o se haya omitido en ella cualquier condición esencial de la transmisión así como cuando ***resultase inferior el precio efectivo de la compraventa*** o menos onerosas sus restantes condiciones esenciales, tendrá el Arrendatario un derecho de retracto que caducará a los [TREINTA (30) días] naturales contados desde el siguiente a la notificación que en forma fehaciente deberá hacer el adquirente al Arrendatario de las condiciones esenciales en que se efectuó la compraventa mediante entrega de la escritura o documento en que aquella se formalizó.]
I am not sure that I understand the reasons given for why the Lessor can waive his right to Preferential Purchase. This wording is taken directly from the Spanish Law but I am not sure what the precio efectivo refers to - the price the Lessor originally paid, the price the buyer is planning to pay and 'inferior' to what?
So far I have:
The Lessee may exercise his right of pre-emption on the Warehouse in the [THIRTY (30) days] following the date on which the Lessor notifies him, in a verifiable manner, of his decision to sell the Warehouse, the price and other terms and conditions of the conveyance.
If the Lessor does not make the aforementioned notification or if any of the essential conditions relating to the conveyance are omitted from the notification, or if ... the effective purchase price is lower or the other essential conditions are less onerous .......the Lessee shall have the right to withdraw ....
TIA
Proposed translations
(English)
| 4 | the actual purchase price turns out to be lower |
Robert Carter
|
Proposed translations
2 hrs
Robert Carter
Mexico
Mexico
Native in English
Specializes in field
Mexico
Translating full-time since 1998
Native in: English (Variant: British) 
Works in: Spanish to English
Related KudoZ points
:
566
the actual purchase price turns out to be lower
I.e., than the one the lessee was offered for the purchase, then the lessee shall have the right of "retracto", to set aside the purchase that was made so that the lesser can purchase the property.
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