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German: 10.000stel

English translation: 10,000 (here)







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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:10.000stel
English translation:10,000 (here)
Entered by:Colette Kinsella
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6:07am Jul 11, 2006Login or register (free) for more options.
German to English translations [PRO]
Law/Patents - Law (general) / Property shares
German term or phrase: 10.000stel
Brieflose Gesamtgrundschuld in Hohe von MM.000,00 EUR zugunsten und Bedingungen der BAnk zu bestellen und einzutragen gemäß beigefugtem Formblatt im Wohnungsgrundbuch von XXX des Amstgerichts
XXX, Blatt XXXXX und XXXXX und zwar auf 63,10/10.000stel und 64,75 /10.000stel Miteigentumsanteilen verbuden mit dem Sondereigentum Nr.QQ und Nr. WW jeweils Wohnung nebst Kellerraum

Thanks again
Colette Kinsella
Ireland
Clarification request(s) and response
Colette Kinsella: 6:20am Jul 11, 2006: so would it be okay to construct the sentence as: individual ownership shares at a proportion of 63.10/10.000???
HarryHedgehog: 6:23am Jul 11, 2006: Almost: "individual ownership shares of 63.10/10,000 and 64.75/10,000"
R. A. Stegemann: 7:12am Jul 11, 2006: There are many ways that you could express the implied meaning. My preference would be "available in 63.10 and 64.75 ten thousandths of a share", as the division is somewhat peculiar and the additional wording insures both clarity and fluidity.
HarryHedgehog: 7:16am Jul 11, 2006: Sorry Hamo, but you're dead wrong here. Nothing is "available" and isn't "ten thousandths of a share", as the shares themselves are the ten thousandths. We're talking about holdings in an actual building here, not a financial instrument.
R. A. Stegemann: 5:47am Jul 16, 2006: After a second reading I agree with your point about the inappropriateness of the wording "of a share", but your exaggeration with regard to my being "dead wrong" I also find inappropriate.
R. A. Stegemann: 5:52am Jul 16, 2006: Whether it is partial ownership of a company or a building makes no difference. If the ownership is certified and issued, and there is nothing to bar its trading, then that certificate is tradable and serves as a financial instrument.
R. A. Stegemann: 5:55am Jul 16, 2006: Thus, unless you know something about the German real estate industry that I do not, your comment with regard to "availability" is inappropriate. If I am wrong, then please provide a reference link, and let us all learn from it.

10,000 (here)
Explanation:
A quirk of German property law is that multi-unit housing is divided into 10,000ths to declare ownership. You can leave out the "th" here, however, as it's implicit in the mathematical notation (it usually isn't written in German either).
Selected response from:

HarryHedgehog
Germany
Note from asker to answerer
Many thanks for the help.
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +510,000 (here)
HarryHedgehog
4one ten thousandth
R. A. Stegemann


  

Answers

8 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
one ten thousandth

Explanation:
64.75 ten thousandths

R. A. Stegemann
United States
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 28
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9 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +5
10,000 (here)

Explanation:
A quirk of German property law is that multi-unit housing is divided into 10,000ths to declare ownership. You can leave out the "th" here, however, as it's implicit in the mathematical notation (it usually isn't written in German either).

HarryHedgehog
Germany
Native speaker of: Native in EnglishEnglish
PRO pts in category: 20
Note from asker to answerer
Many thanks for the help.
Notes to answerer
Asker: Thank you. This was the actual thrust of my question rather than the actual meaning of "10.000stel". I was unaware of how property shares are dealt with in Germany. Thanks for the help.


Peer comments on this answer (and responses from the answerer)
agree Steffen Walter
55 mins

agree xxxScout2003
1 hr

agree Jutta Amri
1 hr

agree Derek Gill Franßen
1 hr

agree Cetacea
2 hrs
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Voters for reclassification as PRO / non-PRONon-PRO (1): HarryHedgehog


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