Glossary entry (derived from question below)
Spanish term or phrase:
Garantía hipotecaria convencional de primer grado
English translation:
first-ranking mortgage
Added to glossary by
Carmen Menodza
Oct 8, 2012 04:23
11 yrs ago
18 viewers *
Spanish term
Garantía hipotecaria convencional de primer grado
Spanish to English
Other
Real Estate
Contrato de préstamo a largo plazo
gracias
Proposed translations
(English)
4 | first-ranking mortgage | AllegroTrans |
4 | First Mortgage | eVeritas |
3 | First mortgage by deed; (AmE) first deeded mortgage security interest | Adrian MM. (X) |
Proposed translations
4 hrs
Selected
first-ranking mortgage
.
4 KudoZ points awarded for this answer.
Comment: "gracias"
7 hrs
First Mortgage
I've seen this term in mortgage deed in the U.S.A.
9 hrs
First mortgage by deed; (AmE) first deeded mortgage security interest
It's (collateral) security rather than a guaranteecf. the web ref. and convencional> contained in a contract or deed and not court-ordered, like a charging order in the UK.
Deed ('deeded' mortgage) implies land in the US, though unclear from the context whether land or goods.
Deed ('deeded' mortgage) implies land in the US, though unclear from the context whether land or goods.
Example sentence:
security of the mortgage as against them.” Patch & Co. v. First National Bank, 90 Vt. 4, 7–8. (1916). In other words, the deeded security interest in future
Reference:
http://www.proz.com/kudoz/spanish_to_english/bus_financial/432203-garant%C3%ADa_hipotecaria.html
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