Glossary entry (derived from question below)
French term or phrase:
bail de 9 ans dont 6 fermes
English translation:
lease for 9 years, 6 years firm
Added to glossary by
Florence Bremond
Aug 18, 2002 20:32
22 yrs ago
5 viewers *
French term
ferme
French to English
Other
L’immeuble est entièrement loué à .... qui bénéficie d’un bail de 9 ans dont 6 ans fermes, ayant pris effet le 4 avril 1998.
Proposed translations
(English)
4 +3 | lease for 9 years, 6 years firm | Florence Bremond |
5 +1 | fixed 6 year term | Maria Luisa Duarte |
3 | definite | Linda Young (X) |
Proposed translations
+3
9 mins
Selected
lease for 9 years, 6 years firm
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Note added at 2002-08-18 20:43:58 (GMT)
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\"Figueroa, Suite 1100, Los Angeles, California 90017. X -- NEW LEASE FOR 8 YEARS, 5 YEARS FIRM. \"
http://www.fbodaily.com/cbd/archive/1996/09(September)/24-Se...
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Note added at 2002-08-18 20:46:09 (GMT)
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\"SECTION III - LEASE TERMS. 14. INITIAL LEASE. 15. RENEWAL OPTIONS. 16. Offer GOOD
until AWARD. a. NO. OF YEARS. b. YEARS FIRM\"
http://hydra.gsa.gov/pbs/pe/standcla/1364.doc
\"New tenant, USDA, Rural Development Agency (Fed. Client)
has agreed to lease terms of five years firm\"
http://www.tunista.com/facilities.html
\"district of St. Louis, Missouri. Lease Term: Lease term will be twenty
(20) years with fourteen (14) years firm. Desired Occupancy Date \"
http://w3.gsa.gov/web/p/leasing.nsf/852563480058a88385256347...
--------------------------------------------------
Note added at 2002-08-18 20:43:58 (GMT)
--------------------------------------------------
\"Figueroa, Suite 1100, Los Angeles, California 90017. X -- NEW LEASE FOR 8 YEARS, 5 YEARS FIRM. \"
http://www.fbodaily.com/cbd/archive/1996/09(September)/24-Se...
--------------------------------------------------
Note added at 2002-08-18 20:46:09 (GMT)
--------------------------------------------------
\"SECTION III - LEASE TERMS. 14. INITIAL LEASE. 15. RENEWAL OPTIONS. 16. Offer GOOD
until AWARD. a. NO. OF YEARS. b. YEARS FIRM\"
http://hydra.gsa.gov/pbs/pe/standcla/1364.doc
\"New tenant, USDA, Rural Development Agency (Fed. Client)
has agreed to lease terms of five years firm\"
http://www.tunista.com/facilities.html
\"district of St. Louis, Missouri. Lease Term: Lease term will be twenty
(20) years with fourteen (14) years firm. Desired Occupancy Date \"
http://w3.gsa.gov/web/p/leasing.nsf/852563480058a88385256347...
4 KudoZ points awarded for this answer.
Comment: "many thanks"
6 mins
definite
I think this means that the person who has signed this rental agreement, knows that it is an agreemnt for 9 years and for the first 6 years it is definite. In other words the owners cannot change the agreement for the first 6 years.
HTH
HTH
+1
1 hr
fixed 6 year term
From the Landlord's perspective a «fixed 9 year term» is often held to give a certain stability to his income portfolio, but in order to avoid an automatic renewal of the existing conditions he must give notice often at least 6 months before end of the 9 year term (but this notice period could made longer contractually).
French Business Law:
Commercial leases are highly regulated and, to a considerable degree, standardized by French statute. For example, a standard 9-year term for French Commercial Leases is fixed by statute. There are breakpoints at the end of each three-year period (3-6-9), but only in favor of the tenant.
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