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Eigenkontrahierung

English translation: self-contracting / self contracting

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Eigenkontrahierung
English translation:self-contracting / self contracting
Entered by: Jo Bennett
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14:47 Dec 14, 2010
German to English translations [PRO]
Law/Patents - Real Estate / Purchase contract for apartment
German term or phrase: Eigenkontrahierung
Eigenkontrahierung ist sohin ausdrücklich gestattet. This one is easier to give context for. The preceding sentence reads: Die Vertragsparteien bevollmächtigen den Vertragsverfasser, eventuell notwendige Abänderungen oder Ergänzungen dieses Vertrages, sofern diese dem wirtschaftlichen Zweck des Vertragsinhaltes nicht widersprechen und nur zur grundbücherlichen Durchführung dienen, auch in beglaubigter Form vorzunehmen.
Jo Bennett
United Kingdom
Local time: 16:41
self-contracting / self contracting
Explanation:
I had this a fair while back in a translation, and self contracting was the term given in the reference.
Sometimes slight variations in the terminology do occur, but they are still referring to the same thing. Translated literally, it would refer to the same situation.
I agree that more context would be helpful. Self contracting gives a lot of google hits in the context of construction, particularly constructing one's own home.
Selected response from:

784512
Germany
Local time: 17:41
Grading comment
Thanks Rosalyn!
4 KudoZ points were awarded for this answer

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Summary of answers provided
3self-contracting / self contracting784512
Summary of reference entries provided
Kontrahierungcasper

Discussion entries: 1





  

Answers


1 day 13 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
self-contracting / self contracting


Explanation:
I had this a fair while back in a translation, and self contracting was the term given in the reference.
Sometimes slight variations in the terminology do occur, but they are still referring to the same thing. Translated literally, it would refer to the same situation.
I agree that more context would be helpful. Self contracting gives a lot of google hits in the context of construction, particularly constructing one's own home.

784512
Germany
Local time: 17:41
Meets criteria
Works in field
Native speaker of: English
PRO pts in category: 4
Grading comment
Thanks Rosalyn!
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Reference comments


16 mins
Reference: Kontrahierung

Reference information:
Kontrahierung
(lateinisch: Abschluß eines Vertrags) Zum Abschluß eines Vertrags kann von Gesetzes wegen eine Pflicht bestehen {Kontrahierungspflicht). Für bestimmte Verträge, die gesetzlich festgelegt sind, muß der Betroffene mit jedermann einen Abschluß tätigen, der ihm einen Antrag stellt. Beispiele: Verträge über Personenbeförderung durch die Bahn, Verträge über KFZ-Haftpflichtversicherung. Kontrahierungspflicht stellt somit eine Ausnahme vom Grundsatz der Vertragsfreiheit dar.
http://www.wirtschaftslexikon24.net/d/kontrahierung/kontrahi...

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Note added at 13 hrs (2010-12-15 03:56:08 GMT)
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The conduct of a trustee, an attorney, or other fiduciary that consists of taking advantage of his or her position in a transaction and acting for his or her own interests rather than for the interests of the beneficiaries of the trust or the interests of his or her clients.
http://legal-dictionary.thefreedictionary.com/Self-Dealing

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Note added at 13 hrs (2010-12-15 04:00:25 GMT)
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A self-dealing transaction exists where the following elements occur:
(1) there is a transaction between the referent corporation (corporation or shareholders whose interest may be prejudiced) and some person;
(2) a certain individual (either a director, officer, or controlling shareholder, or group of them) has decision-making influence with respect to actions taken by the referent corporation; and
(3) this influential individual or group has a greater personal interest in the welfare of the other person involved in the transaction, or in certain collateral consequences of the transaction, than in the welfare of the referent corporation.
http://www.columbia.edu/cu/asiaweb/v11n2Roman.htm

casper
Does not meet criteria
Native speaker of: Native in EnglishEnglish
PRO pts in category: 28
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