TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

lease with an option to purchase at market value [1 record]

Record 1 1994-02-18

English

Subject field(s)
  • Law of Contracts (common law)
  • Property Law (common law)
  • Phraseology
  • Real Estate
DEF

The (...) option to purchase (...) real property (...) based on market or a representative value to be paid at the termination of the lease contract.

French

Domaine(s)
  • Droit des contrats (common law)
  • Droit des biens et de la propriété (common law)
  • Phraséologie
  • Immobilier
OBS

bail: contrat par lequel l'une des parties s'oblige à faire jouir l'autre d'une chose pendant un certain temps moyennant un certain prix que celle-ci s'oblige de lui payer.

OBS

option: la faculté [...] conférée par une convention préalable, ou avant-contrat, de conclure un contrat ultérieur [...] Elle est unilatérale [...]

OBS

valeur marchande (market value): prix qu'un acheteur désireux d'acheter paierait à un vendeur consentant à vendre, ni l'un ni l'autre n'étant l'objet de pressions anormales.

Spanish

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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