Glossary entry (derived from question below)
French term or phrase:
appel de provisions
English translation:
call for reserve funds
Added to glossary by
Jana Cole
Nov 25, 2014 17:45
9 yrs ago
23 viewers *
French term
appel de provisions
French to English
Bus/Financial
Real Estate
Property Management
This is the title of a document issued by a property management company in France. It's obviously an accounting of the various costs of managing a property over a 3-month period, such has heating costs and general expenses.
I can't find a translation for "Appel de provisions." Anyone know of this term?
I can't find a translation for "Appel de provisions." Anyone know of this term?
Proposed translations
(English)
4 | Service charge demand | Helene Tammik |
4 | Call for advance to cover service charges | Francois Boye |
Proposed translations
8 mins
Selected
Service charge demand
If it is a contribution to regular ongoing costs.
If it's to save up for future outlay, it's 'Sinking Fund Contribution'
(this is UK English)
If it's to save up for future outlay, it's 'Sinking Fund Contribution'
(this is UK English)
Peer comment(s):
agree |
Jane Phillips
: Tks for the extra info ;-)
19 mins
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Thanks Jane!
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disagree |
Daryo
: you forgot the bit about "provisions" - it's only an estimated advance payment, not the final amount as you present it.
1 hr
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Yes, I mentioned that in the discussion thread - obviously different freeholders/residents' companies/managing agents have different ways of handling the variance between estimated and actual outgoings over the year.
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3 KudoZ points awarded for this answer.
9 hrs
Call for advance to cover service charges
This translation is consistent with the explanations provided by the British PROZ members.
In the US, the service charges are called condominium fees. They are paid by owners (the members of the condominium) only, not by renters.
In the US, the service charges are called condominium fees. They are paid by owners (the members of the condominium) only, not by renters.
Reference comments
57 mins
Reference:
Discussion
Having said that, perhaps in some properties they do simply levy a flat rate - but the managing agents must have to adjust it regularly to keep up with changes in outgoings.