| GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | | Hungarian term or phrase: | lakásszövetkezet | | English translation: | housing cooperative (society) | | Entered by: | Peter Nemecsek |
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Hungarian to English translations [PRO] Law/Patents - Real Estate | | Hungarian term or phrase: lakásszövetkezet | a lakásszövetkezetet a tagjával és a nem tag tulajdonosával, valamint a társasház közösséget a tulajdonossal szemben üzemeltetési és felújítási, illetve közös költség megtérítése iránt indított eljárásban
Köszönöm! |
| | | housing cooperative (society) | Explanation: -
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Röviden "housing coop"
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Egy amerikai példa: http://66.249.93.104/search?q=cache:xRaABLawmLwJ:www.rurdev....
-------------------------------------------------- Note added at 34 mins (2005-12-22 17:27:06 GMT) --------------------------------------------------
"What is a housing cooperative?
A housing cooperative is formed when people join with each other on a democratic basis to own or control the housing and/or related community facilities in which they live. Usually they do this by forming a not-for-profit cooperative corporation. Each month they simply pay an amount that covers their share of the operating expenses of their cooperative corporation. Personal income tax deductions, lower turnover rates, lower real estate tax assessments (in some local areas), controlled maintenance costs, and resident participation and control are some of the benefits of choosing cooperative homeownership."
http://www.coophousing.org/buying_in.shtml |
| Selected response from:
 Attila Széphegyi Hungary Local time: 07:56
| Grading comment Köszönöm! 4 KudoZ points were awarded for this answer |
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