aluguel-pena

English translation: holdover penalty

15:12 Jul 6, 2015
Portuguese to English translations [PRO]
Law/Patents - Retail
Portuguese term or phrase: aluguel-pena
In a lease agreement:

" Permanecendo o locatário no imóvel, após escoado o prazo para a desocupação voluntária, nos casos de denúncia condicionada, pagará ele o aluguel-pena que vier a ser arbitrado na notificação premonitória,..."
Seth Phillips
United States
Local time: 03:46
English translation:holdover penalty
Explanation:
https://www.google.com.br/?gfe_rd=cr&ei=b66aVf2bMona8gfXxYH4...

The Holdover Clause is another one of those clauses that is hard for a tenant to focus on at the inception of the lease. No one likes to think about the possibility of moving out later than the lease stipulates! However, the **holdover penalty** that most landlords ask for is between 150-200% of the escalated rent, can make for significant penalties.

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Note added at 1 hr (2015-07-06 16:50:05 GMT)
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Aluguel pena – Pagamento que o locatário deve fazer ao locador, quando, terminado o prazo contratual do imóvel alugado, nele continuar a residir sem a reformulação do aluguel. O aluguel pena está legalmente embasado no art. 1.196 do CC, que diz: “Se notificado, o locatário não restituir a coisa, pagará, enquanto a tiver em seu poder, o aluguer que o locador arbitrar e responderá pelo dano, que ela venha a sofrer, embora proveniente de caso fortuito.”
Selected response from:

Gilmar Fernandes
United States
Local time: 03:46
Grading comment
Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2holdover penalty
Gilmar Fernandes
4Late charge
Christopher & Rozilene Frye
4liquidated damages / penalty lease
Mario Freitas
3penalty rent
patricia maltez


Discussion entries: 1





  

Answers


15 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
Late charge


Explanation:
Could also be "late fee". One of the Michaelis Dictionary's translations of "pena" is "penalty"


    Reference: http://michaelis.uol.com.br/moderno/ingles/index.php?lingua=...
    Reference: http://nagib.net/index.php/2012-02-14-14-10-54/28-direito-ci...
Christopher & Rozilene Frye
Brazil
Local time: 04:46
Native speaker of: Native in EnglishEnglish
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1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
holdover penalty


Explanation:
https://www.google.com.br/?gfe_rd=cr&ei=b66aVf2bMona8gfXxYH4...

The Holdover Clause is another one of those clauses that is hard for a tenant to focus on at the inception of the lease. No one likes to think about the possibility of moving out later than the lease stipulates! However, the **holdover penalty** that most landlords ask for is between 150-200% of the escalated rent, can make for significant penalties.

--------------------------------------------------
Note added at 1 hr (2015-07-06 16:50:05 GMT)
--------------------------------------------------

Aluguel pena – Pagamento que o locatário deve fazer ao locador, quando, terminado o prazo contratual do imóvel alugado, nele continuar a residir sem a reformulação do aluguel. O aluguel pena está legalmente embasado no art. 1.196 do CC, que diz: “Se notificado, o locatário não restituir a coisa, pagará, enquanto a tiver em seu poder, o aluguer que o locador arbitrar e responderá pelo dano, que ela venha a sofrer, embora proveniente de caso fortuito.”

Gilmar Fernandes
United States
Local time: 03:46
Native speaker of: Native in PortuguesePortuguese, Native in EnglishEnglish
PRO pts in category: 4
Grading comment
Selected automatically based on peer agreement.

Peer comments on this answer (and responses from the answerer)
agree  Dasher
3 hrs
  -> Thank you Dasher :)

agree  Loreta Saddi
2 days 4 hrs
  -> Thanks Loreta ,)
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2 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
liquidated damages / penalty lease


Explanation:
http://legal-dictionary.thefreedictionary.com/Liquidated dam...

Mario Freitas
Brazil
Local time: 04:46
Native speaker of: Native in EnglishEnglish
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1 day 40 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
penalty rent


Explanation:
sug.

patricia maltez
Local time: 04:46
Specializes in field
Native speaker of: Portuguese
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