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Italian to English translations [PRO] Law/Patents - Finance (general) / Part of a financial report on mortgage loans | | Italian term or phrase: Prima casa | It looks easy learner, but I've met the problem before and have never found a satisfactory solution.
The obvious translation is "first home", but in Italian this means the house you actually live in and not your second holiday home by the sea. Traditionally in UK where holiday homes in Wales and the West country are a recent phenomenon, a "first home" is the home of a first time buyer, e.g. a couple just married. Which is a different thing. Any ideas?
Con il secondo provvedimento (artt. 6, 7 e 8 del D.L. n. 7, del 31 gennaio 2007) sono stati
introdotti: il divieto, nei contratti di mutuo destinati all’acquisto della *prima casa*, di penali per
il caso di estinzione anticipata totale o parziale (con futura possibilità di rinegoziazione delle
penali previste nei mutui pregressi, entro un limite stabilito d’intesa tra ABI e Associazioni dei
Consumatori o, in mancanza, direttamente dalla Banca d’Italia); |
| | | main dwelling | Explanation: This term makes it clear that it's your "main" house AND is the place where you live (i.e. "dwell").
HTH |
| Selected response from: Grey Drane Italy Local time: 23:40
| Grading comment Hi Grey the EU reference wins here 4 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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Automatic update in 00:
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27 mins confidence:  
26 mins confidence:  
56 mins confidence: peer agreement (net): +3 Principal residence
Explanation: commonly used. see:
There is no statutory definition for principal residence in the Tax Code. ... Why is it important to establish that your home is your principal residence? ...
realtytimes.com/rtcpages/20040119_principal.htm - 40k
Your "principal residence" is generally any residential property owned and ... If you are unable to designate your home as your principal residence for all ...
www.grantthornton.ca/taxtips/taxtips_template.asp?TipID=24 - 20k -
lots pf other google hits out there!
-------------------------------------------------- Note added at 1 hr (2007-04-08 07:56:45 GMT) --------------------------------------------------
other references to Italy:
Working Paper No. 414 Household Wealth Distribution in Italy in ...Formato file: PDF/Adobe Acrobat - Versione HTML
statistical source on wealth distribution, the Bank of Italy’s Survey of Household Income ... principal residence recorded in the SHIW is a discrete Poisson ...
www.levy.org/pubs/wp414.pdf -
Italy Guide:Income tax,An introduction to Italy’s income tax Italy ...- [ Traduci questa pagina ]On the other hand, if you sell a foreign home after establishing your principal residence in Italy, it becomes a second home and you may then be liable for ...
www.justlanded.com/english/italy/tools/just_landed_guide/mo... - 27k -
| | | Notes to answerer
Asker: If it wasn't for the EU translation (not the best, but has to be followed) I would have chosen this.
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