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Treugeber-Kommanditist

English translation: trustors and limited partners

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Treugeber-Kommanditist
English translation:trustors and limited partners
Entered by: Carl Sennett
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19:16 Jun 15, 2005
German to English translations [PRO]
Law/Patents - Law: Contract(s)
German term or phrase: Treugeber-Kommanditist
Da sämtliche Wohnungseigentümer, die diesen Vertrag unterzeichnen, gleichzeitig Treugeber-Kommanditisten sind, sind sie außerdem an den zu verteilenden Überschüssen der Hotelgesellschaft beteiligt.
martina1974
Austria
Local time: 03:42
trustors and limited partners
Explanation:
I assume this relates to a property (hotel) investment fund. The property owners are not investing directly in the hotel, but instead are investing via a property fund. The investors are (limited) partners in the fund and the fund (as trustee) holds the hotel property in trust for them. The investors share (via the fund) in any distributable profits generated by the hotel business.

Selected response from:

Carl Sennett
United Kingdom
Local time: 02:42
Grading comment
thanks a lot for your help!
4 KudoZ points were awarded for this answer

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Summary of answers provided
3 +1trustors and limited partnersCarl Sennett


  

Answers


1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
trustors and limited partners


Explanation:
I assume this relates to a property (hotel) investment fund. The property owners are not investing directly in the hotel, but instead are investing via a property fund. The investors are (limited) partners in the fund and the fund (as trustee) holds the hotel property in trust for them. The investors share (via the fund) in any distributable profits generated by the hotel business.



Carl Sennett
United Kingdom
Local time: 02:42
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 8
Grading comment
thanks a lot for your help!

Peer comments on this answer (and responses from the answerer)
agree  Kieran McCann: sounds convincing and appropriate
8 hrs
  -> Thanks Kieran
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Changes made by editors
Jun 28, 2010 - Changes made by Steffen Walter:
FieldOther » Law/Patents


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