By accord and satisfaction

[Rachel Adams]

Hello.

Is the statement correct and is''by'' the correct preposition?

''House availabe for rent by accord and satisfaction agreement.''

 

[Rover_KE]

If this terminology is common between estate agents/realtors and renters, it's unknown to me.

What does it mean?

 

[Rachel Adams]

When you rent a property under accord and satisfaction agreement you pay the owner a certain amount of money. If they fail to pay it back when the contract expires you become the owner of their property.

 

[Tarheel]

I googled accord and satisfaction.
:shock:

 

[jutfrank]

accord and satisfaction agreement

The above is not grammatically correct. We need to get this right first before selecting an appropriate preposition.

 

[jutfrank]

An accord and satisfaction agreement may be grammatically correct.

That's actually what I meant. I suspected there may be a grammatically required article, i.e.: ... by an accord and satisfaction agreement. Still, that doesn't seem right.

Anyway, I have no idea about any of this, or how to construct the proper sentence, so I'll refrain from commenting further.

 

[Rachel Adams]

It was written by a lawyer. Our only concern is grammar. Whether it should be ''by'' or ''under an accord and satisfaction agreement.''

 

[Tarheel]

It was written by a lawyer.

That does not surprise me. It's a legal term. And I doubt that you have explained it correctly.

 

[Tarheel]

''House availabe for rent by accord and satisfaction agreement.''

The use of "by" there is fine in my opinion.

(Arguably, "is" is implied.)

 

[GoesStation]

I'd try "under an accord" etc.

 

[Rachel Adams]

I should probably ask an English lawyer about it if none of you have a suggestion.

 

[Rover_KE]

That won't come cheap.

I'm reminded of this story:

PROSPECTIVE CLIENT (to lawyer): How much do you charge?

LAWYER: I answer three questions for £100.

CLIENT: Wow! That's expensive, isn't it?

LAWYER: Yes. What's your third question?

(I'm here all week.)

 

[Rachel Adams]

This is an old thread but I came across the English equivalent of ''accord and satisfaction'' in my book English Vocabulary in Use by Stuart Redman. This is an example from the book: ''we had to pay one month's rent as a deposit''. Deposit -money you pay for something you are going to use, which is then returned to you when you have finished using it.
My explanation of ''accord and satisfaction'' is below.
When you rent a property under an accord and satisfaction agreement and let's say the price of the house/flat is $50, the tenant has to pay the owner $50. If the owner fails to pay it back when the contract expires the tenant becomes the owner of the property.

 

[Rachel Adams]

Isn't there something at least similar to ''accord and satisfaction?''

 

[Rachel Adams]

That is a very unlikely situation. Perhaps you mean that a tenant has to pay one month's rent as a deposit. No, I don't mean that.
'Accord and saisfaction' contracts are very common here. You are right. I will get a definite answer only from a lawyer.