näringsfastighet

English translation: non-residential premises / all property excepting private residential property

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Swedish term or phrase:näringsfastighet
English translation:non-residential premises / all property excepting private residential property
Entered by: Helen Johnson

11:22 Feb 11, 2005
Swedish to English translations [PRO]
Law/Patents - Insurance / insurance contract
Swedish term or phrase: näringsfastighet
In an insurance document.
Does anyone know what the legal term for this is, please, e.g. 'agricultural property'?
Thanks,
Helen
Helen Johnson
United Kingdom
Local time: 08:25
non-residential premises /
Explanation:
Sven's ref is the key to this, and all congratulations to him for finding such a definitive source. However, my reading of the ref is somewhat different from his, namely that a näringsfastighet is "all property apart from private residential premises/buildings/property"

As accuracy is critical in this sort of text, and as there seems to be no exact English equivalent, I would suggest using that whole clumsy phrase. At least it is not wrong. An alternative but not quite so precise translation would be "non-residential premises", though I accept that does not fully take into account the permutations of timeshare.

Tom Thumb's suggestion of "investment property" also makes sense to me.


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Note added at 3 hrs 11 mins (2005-02-11 14:33:40 GMT)
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I meant to add to my suggested translation
\"all property apart from private residential premises/buildings/property\"
Selected response from:

Peter Linton (X)
Local time: 08:25
Grading comment
Thanks very much for your help, everyone, but since this is the closest to UK understanding, I'll go with this one.
3 KudoZ points were awarded for this answer



Summary of answers provided
5 +2commercial property
ojinaga
3 +1non-residential premises /
Peter Linton (X)
4 -1business premises
Nigel Skipper (X)
5 -2residential building for more than 2 families
Sven Petersson
4 -2industrial land or property
Adrian MM. (X)


Discussion entries: 3





  

Answers


4 mins   confidence: Answerer confidence 5/5 peer agreement (net): +2
näringsfastighet
commercial property


Explanation:
My suggestion

ojinaga
Local time: 01:25
Specializes in field
Native speaker of: Native in NorwegianNorwegian

Peer comments on this answer (and responses from the answerer)
agree  David Shannon
12 mins
  -> Thank you David Shannon

disagree  Sven Petersson: Please see my answer!
49 mins
  -> I do not agree with you- but thank you anyway

agree  Suzanne Blangsted (X)
2 hrs
  -> Takk så mye Bangsted

agree  Larissa Ekonoja
3 hrs
  -> Thank You Larissa Ekonoja
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45 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): -1
näringsfastighet
business premises


Explanation:
Is also used frequently,

//Nigel


    Reference: http://www.google.se/search?q=business+premises&sourceid=moz...
Nigel Skipper (X)
Local time: 09:25
Native speaker of: Native in EnglishEnglish

Peer comments on this answer (and responses from the answerer)
disagree  Sven Petersson: Please see my answer!
8 mins
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3 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
näringsfastighet
non-residential premises /


Explanation:
Sven's ref is the key to this, and all congratulations to him for finding such a definitive source. However, my reading of the ref is somewhat different from his, namely that a näringsfastighet is "all property apart from private residential premises/buildings/property"

As accuracy is critical in this sort of text, and as there seems to be no exact English equivalent, I would suggest using that whole clumsy phrase. At least it is not wrong. An alternative but not quite so precise translation would be "non-residential premises", though I accept that does not fully take into account the permutations of timeshare.

Tom Thumb's suggestion of "investment property" also makes sense to me.


--------------------------------------------------
Note added at 3 hrs 11 mins (2005-02-11 14:33:40 GMT)
--------------------------------------------------

I meant to add to my suggested translation
\"all property apart from private residential premises/buildings/property\"

Peter Linton (X)
Local time: 08:25
Native speaker of: English
PRO pts in category: 30
Grading comment
Thanks very much for your help, everyone, but since this is the closest to UK understanding, I'll go with this one.

Peer comments on this answer (and responses from the answerer)
disagree  Sven Petersson: You did not read carefully! From a fiscal point of view there are teo kinds of residential buildings in Sweden, "for not more than 2 families" and "for more than 2 families". Real estate lists call the most minute cottage "for not more than 2 families"!
39 mins
  -> Sven - I am not clear: is a näringsfastighet only private residential property? I read it to mean that it might include other, non-residential property, eg shops, etc. But if it is exclusively residential property, then of course your answer is best..

agree  Adrian MM. (X): With a mixed agri., comm. or res. user, it is the non-residential agri. user that overrides in UK agri. vs. business or res. tenancies & for tax purposes.
2 hrs

agree  Paoletrix: I agree, but only because in my mind, "commercial" and "business" are less appropriate, since the text indicates that farming is the "näring" that's going on.
1 day 22 hrs
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1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): -2
näringsfastighet
industrial land or property


Explanation:
A Swed. farming 'entity' is split into an industrial part and private residence.

See also the UK Inheritance Act 1984 that refers to agricultural and industrial land. Industrial property has to be watched as confusable with intellectual property.

How does Sven's answer work here?

Avyttring (disposal) av näringsfastighet. En lantbruksenhet uppdelas på näringsfastighet och privatbostadsfastighet. Inkomsten av försäljning ...





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Note added at 1 hr 34 mins (2005-02-11 12:56:28 GMT)
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www.svo.se/minskog/templates/grundbok.asp?id=11322

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Note added at 5 hrs 14 mins (2005-02-11 16:37:07 GMT)
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... acres in area, comprised principally farms, but also included *smallholdings*, allotments, gardens, *agricultural and industrial land*, woodlands, residential ... www.voa.gov.uk/instructions/chapters/ inheritance_tax_ch_1b/pnotes/pn1appa.htm

Adrian MM. (X)
Local time: 09:25
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 96

Peer comments on this answer (and responses from the answerer)
disagree  Sven Petersson: If you bothered to read my reference you would know how " Sven's answer work here"! - This is not about UK but about Sweden!
13 mins
  -> ett andelshus som har minst tre lägenheter is still classifiable in UK revenue practice as an 'investment property' i.e. qualifies for ind. building capital allowances. Think TAX. In SV and GB, mixed user means one overrides: in GB, it's the agri. use.

disagree  Paoletrix: Your SVO reference is very good, I think, but "industrial" doesn't seem entirely correct to me. Even if the text refers to a large-scale farming operation, "industrial" seems less accurate than "agricultural", for example.
2 days 25 mins
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48 mins   confidence: Answerer confidence 5/5 peer agreement (net): -2
näringsfastighet
residential building for more than 2 families


Explanation:
"Näringsfastihetet" is a very precise fiscal concept, defined as above.

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Note added at 4 hrs 6 mins (2005-02-11 15:28:15 GMT)
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The word \"näringsfastighet\" is NOT a description of a property, it is fiscal label assigned to a property. The definition of what is to be classified as \"näringsfastighet\" can be found in my reference.

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Note added at 5 hrs 36 mins (2005-02-11 16:58:24 GMT)
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Hmmm, David is right. New attempt: \"Any property that is not a residential building for one or two families.\"


    Reference: http://skatteverket.se/broschyrer/313/31306.pdf
Sven Petersson
Sweden
Local time: 09:25
Native speaker of: Native in SwedishSwedish, Native in EnglishEnglish
PRO pts in category: 69

Peer comments on this answer (and responses from the answerer)
disagree  Adrian MM. (X): 'ett andelshus har minst tre skilda lägenheter och är därför en NF' - it's still an investment property. My point: your quote is from the SKATTEVERKET. It's a tax category i.e. an ind. building and not the actual AE condo/BE commonhold use.
1 hr
  -> What's your point? Please explain clearly!

neutral  David Shannon: Jag är lite fundersam över om en 'näringsfastighet' verkligen behöver vara en 'residential building' - känns inte så utifrån skatteverkets broschyr
3 hrs
  -> You are right. See note added above!

disagree  asptech: en fastighet är en "näringsfastighet" om den används i en rörelse (uthyrning, fabrik, skogsbruk etc.)
2 days 19 hrs
  -> Please see note added (2005-02-11 16:58:24 GMT)!
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