Glossary entry

Spanish term or phrase:

promitente compradora

English translation:

committed buyer/ purchaser

Added to glossary by David Hollywood
Apr 30, 2004 21:29
20 yrs ago
37 viewers *
Spanish term

promitente compradora

Non-PRO Spanish to English Law/Patents Real Estate legal contract
real estate contract
Votes to reclassify question as PRO/non-PRO:

PRO (1): Marcelo González

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Proposed translations

+1
11 mins
Selected

committed buyer/purchaser

purchaser guarantees to buy
Peer comment(s):

agree Marcelo González : If it's not too late... :-)
1849 days
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4 KudoZ points awarded for this answer. Comment: "Thank you!"
12 mins

offeree/ offeror

promitente comprador-offeror
promitente vendedor-offeree
Something went wrong...
19 hrs

(stock market) call-option buyer; (real estate) grantee bound by an option to buy

Option sounds like a discretion but, once registered, is enforceable against the grantee.


'... If a call option is exercised by the buyer then the seller of the option is obligated to sell the underlying asset to the call option buyer. ...'

'... 2. The parties closed on parcel 1 for a price of $458,450, and the Purchaser was granted an *option to buy* parcel 2 if it could obtain the desired curb cuts. ...'
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