Glossary entry

German term or phrase:

Vormietrechte

English translation:

preemptive rights/rights of preemption

Added to glossary by Silke Blumbach
Dec 12, 2003 01:11
20 yrs ago
German term

Vormietrechte

German to English Law/Patents Real Estate Mietrecht
Mietvertrag:

Die Parteien gehen darin einig, dass der Vermieter dem Mieter keinerlei Anmietungsoptionen oder Vormietrechte auf weitere Flächen eingeräumt hat.
Change log

Oct 1, 2007 09:05: Steffen Walter changed "Field (specific)" from "(none)" to "Real Estate"

Proposed translations

9 mins
Selected

preemptive rights/rights of preemption

This is based on the following German definition:

Vormietrechte: Das Vormietrecht entspricht dem Vorkaufsrecht. Der Mieter bekommt in diesem Fall das Recht, vom Vermieter zuerst gefragt zu werden (müssen), ob er das gemietete Gebäude weiter nutzen möchte, bevor der Vermieter sich mit seinem Angebot an Dritte wenden darf.

www.uni-weimar.de/~mildenbe/arbeit/bmbw/mietan.pdf
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4 KudoZ points awarded for this answer.
+2
2 hrs

right of first refusal

The term right of first refusal is used in real estate for sales and leases - basically the term means that the tenant has the right to re-lease or lease additional space or purchase the space if for sale before another interested party. He may also decline - hence the term right of first refusal - the offer must be made to him first and he has the right to decline.
Peer comment(s):

agree Richard Hall : yes, right of first refusal is more frequently used than preemptive rights even though the meaning is the same
3 hrs
agree Maureen Holm, J.D., LL.M. : this is the correct one - can't truly pre-empt the rental
18 hrs
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