Glossary entry (derived from question below)
German term or phrase:
die ersten drei Jahre sind indexneutral
English translation:
there is no index-based (rent) adjustment in the first three years / there is no (rental) indexation for the first three years
Added to glossary by
Steffen Walter
Jun 17, 2007 05:24
16 yrs ago
German term
indexneutral
German to English
Bus/Financial
Real Estate
Index: die ersten drei Jahre sind indexneutral, veraendert sich danach der Verbraucherindex (Basis 2000 = 100) um mehr als 10% gegenueber dem Stand nach drei Jahren, so erfolgt die Anpassung zu 66.66% der Indexaenderung.
Proposed translations
(English)
4 +1 | see below | lisa23 |
4 | There is no rental indexation (for the first 3 years) | alec_in_France |
Change log
Jun 23, 2007 13:27: Steffen Walter changed "Field" from "Law/Patents" to "Bus/Financial"
Jun 23, 2007 13:29: Steffen Walter changed "Edited KOG entry" from "<a href="/profile/74454">Kathryn McFarland's</a> old entry - "indexneutral"" to ""no adjustment based on the index""
Proposed translations
+1
14 mins
Selected
see below
not sure whether there is such a short term in English, the meaning is:
there is no adjustment (of the price/rent etc.) based on the index (here CPI) in the first three years
there is no adjustment (of the price/rent etc.) based on the index (here CPI) in the first three years
4 KudoZ points awarded for this answer.
Comment: "Thanks!"
3 hrs
There is no rental indexation (for the first 3 years)
!! It's important to note that subsequent indexation increases will be based on the index level at the *end* of the 3-year period - not always the case.
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