Glossary entry

Portuguese term or phrase:

Instrumento Particular de Promessa de Permuta e de Participação

English translation:

Real estate exchange agreement

Added to glossary by Bett
Nov 22, 2022 21:03
1 yr ago
19 viewers *
Portuguese term

Instrumento Particular de Promessa de Permuta e de Participação

Portuguese to English Law/Patents Law: Contract(s) real state
this is the title of a contract in which on party is exchange a plot of land for apartmentds/interest in the building which will be built ...
I thought of a very literal translation but I am not sure this is real...
any help appreciated :)

Proposed translations

+3
45 mins
Selected

Real estate exchange agreement

https://www.google.com/search?client=firefox-b-d&q=Real esta...
This appears to be the most common translation for this.

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Note added at 49 mins (2022-11-22 21:53:08 GMT)
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Oh I see the full context now. In that case, I would change my answer to land exchange agreement, as that seems the most accurate to me. Does anyone know if I should add the updated answer as a separate answer, or would this addendum still qualify?
Note from asker:
THANK YOU
Peer comment(s):

agree Andrew Bramhall : You are perfectly at liberty to post subsequent answers, but you're on the right lines.
1 hr
Thank you!
agree Mario Freitas : Sim, agreement é melhor do que contract, IMO
3 hrs
Obrigada!
neutral philgoddard : I'd just like to say, as one of the minority of English native speakers here, that contract and agreement are synonyms. You can't say one is "better" than the other.
15 hrs
Thanks for the insight!
agree Charles R. Castleberry : (USA) and Land or (Real) Property Exchange Agreement
1 day 3 hrs
Thank you!
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "thank you "
+2
36 mins

land exchange contract

I don't think you should try to translate it any more closely than this. You just need a title that explains what the contract is for.
Note from asker:
THANK YOU
Peer comment(s):

agree Andrew Bramhall : Yes Phil; no need to for off-piste , irrelevant, and long-winded circumscriptions.
1 hr
agree Ana Vozone : land exchange agreement. And I think you need to add "private".
1 hr
Something went wrong...
1 hr

Private Instrument of Preliminary Exchange Agreement and (off-plan) Property Share

Private Deed also works in the USA, as refers to a dealing in land.

... building which will / to be built = off-plan is slightly ambiguous as could mean on the same land or a different plot / tenement, possibly sending the translation a different equity-sharing way.
Example sentence:

IATE: en shares and other equity, excluding mutual funds shares COM pt ações e outras participações excluindo ações de fundos de investimento

An exchange agreement is a written agreement between the exchanger and the Qualified Intermediary (QI) defining the transfer of the relinquished property.

Note from asker:
Thank YOU
Something went wrong...
2 hrs

real estate barter contract/agreement

barter: exchange (goods or services) for other goods or services without using money.
"he often bartered a meal for drawings" (Lexico.com)

real estate barter: https://www.google.com/search?q="real estate barter"

Something to be aware of:

Promise
While every contract contains some form of a promise, it is often difficult to say that a promise is the same as a contract. A promise however may be the first step to in entering into a contract.
A promise can be described as an offer which is an important element in forming a contract but a promise alone may not be binding on both parties. This is so because an offer alone does not oblige the parties to respect any terms. Furthermore, a promise can lapse with the passage of time. Or it can also be rejected by the one to whom the promise is made. It is in this sense only a commitment by one party to another to carry out or refrain from carrying a specified act or acts. A promise can be binding or not but difficult to enforceable in law. https://www.virtualkollage.com/2018/03/The-differences-betwe...
Note from asker:
THANk you
Something went wrong...
+1
4 hrs

Private Agreement/Instrument for the Exchange and Ownership of Real Property

Sugestão.
Note from asker:
THAnk you
Peer comment(s):

agree Clauwolf
10 hrs
Obrigada, Cláudio!
Something went wrong...
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