Login or register (free and only takes a few minutes) to participate in this question.You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy. Norwegian to English translations [PRO] Bus/Financial - Law: Contract(s) | | Norwegian term or phrase: Opphandlingsrenten | Opphandlingsrenten/interimsrenten skal tilsvare en månedlig rente på det beløp utleier har utbetalt, beregnet etter rentesatsen angitt på side 1.
There are no hits for this on the internet at all. Does anyone know what it means? Thanks. |
| Dawn NixonKudoZ activityQuestions: 61 (none open) ( 1 without valid answers) ( 4 closed without grading) Answers: 92 Norway
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| | English translation:pre-paid interest/interim interest | Explanation: The "opphandling" part suggests a transaction-related aspect to me. I started thinking about interest paid at closing on real estate transactions. Looking for "interim interest" led me to this at the link below:
"You can close on a house any day during a month. Let’s say you close on September 15; your initial mortgage payment would be due November 1. That payment includes interest for October. What about the remaining 15 days of September? This interim interest (sometimes called pre-paid interest) is paid at closing. The closer your closing is to the end of the month, the smaller this amount will be."
Is your context a similar circumstance, for either residential or commercial property that is passing from the lessor to the lessee in a sale?
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| Selected response from:
 Charles Ek United States Local time: 06:26
| Grading comment Thanks Charles :) 4 KudoZ points were awarded for this answer |
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