German translation: bindende Kaufverträge (ohne Widerrufsrecht)
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English to German translations [PRO] Bus/Financial - Real Estate
English term or phrase:non-contingent transactions
Real Estate Investment Trust, soliciting investors for office properties in New York City - here is the bullet list context:
• Surge in capital - domestic and global - ready to invest in New York City
• Cap rate compression for core assets
• Demand continues to outstrip supply
• Competitive bidding, and non-contingent transactions are norm again
I understand what this means, but is there an equivalent German term? Verbindlich, unbedingt, nicht-eventual all seem to be a little unwieldy and don't quite hit it on the head, imo.
Any suggestions and/or references are welcome!
thanks as always...
Explanation: "A contingency is a provision in a real estate contract that specifies the contract would cease to exist upon the occurrence of a certain event.
Example: "This contract is contingent upon Buyer successfully obtaining a mortgage loan at an interest rate of 6% or lower." Should rates rise quickly, and this rate not be available, the contract would end.
contingency= condition, also ein (vereinbarter)Vorbehalt, der unter bestimmten Bedingungen zum ungültig werden des Kaufvertrages führt; das Gegenteil davon ist ein verbindlicher Vertrag, ...(siehe Link zwei, Fallbeispiel)
Explanation: "A contingency is a provision in a real estate contract that specifies the contract would cease to exist upon the occurrence of a certain event.
Example: "This contract is contingent upon Buyer successfully obtaining a mortgage loan at an interest rate of 6% or lower." Should rates rise quickly, and this rate not be available, the contract would end.
contingency= condition, also ein (vereinbarter)Vorbehalt, der unter bestimmten Bedingungen zum ungültig werden des Kaufvertrages führt; das Gegenteil davon ist ein verbindlicher Vertrag, ...(siehe Link zwei, Fallbeispiel)