Glossary entry

English term or phrase:

UDI

Portuguese translation:

parte indivisa

Added to glossary by Thiago Paz
Sep 17, 2017 13:26
6 yrs ago
8 viewers *
English term

UDI

Non-PRO English to Portuguese Law/Patents Real Estate Real State Development
I am translating a Deed of Release and Discharge and the following came up:

THAT above payment settles the obligations of [...] regarding the BUY BACK OR PURCHASE OF THE UDI FROM THE SELLER UNDER THE TERMS AND CONDITIONS OF THE SALE AND PURCHASE AGREEMENT AS SIGNED BETWEEN THE PARTIES

DEED OF RELEASE AND DISCHARGE TO SELLER OF UDI IN REAL ESTATE DEVELOPMENT

What does UDI mean in this context?

Thanks in advance.

Discussion

Ana Vozone Sep 17, 2017:
Referência http://www.lapalazzo.in/faq/technical.html
UDI or “Undivided Interest” is a fraction of the total extent of the land on which the project is constructed, which is proportionate to the Saleable Built - up Area of the respective Apartment as against the total Saleable Built - up Area of all the apartments in the project. This is in effect a proportionate share of the land, which an apartment owner will own, in proportion to and together with his or her apartment. The Undivided Interest will be conveyed to customers along with the apartment, by way of a duly stamped and registered sale deed, after the completion of the project and once all amounts have been paid in full.

Proposed translations

24 mins
English term (edited): udi - undivided interest
Selected

parte indivisa

Example sentence:

(exclusivamente para habitação própria e permanente) ou 78 (parte indivisa, exclusivamente para habitação própria e permanente em

Em suma a escritura pública obedece ao procedimento concomitante, ...... usufruto proporcional à sua quota parte indivisa na compropriedade

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4 KudoZ points awarded for this answer.
2 mins

identificação única do dispositivo

UDI - Unique Device Identification
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