constitución de hipoteca en primer grado como garantía de los saldos de precio

English translation: establish a senior mortgage to secure the outstanding balance of the price

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:constitución de hipoteca en primer grado como garantía de los saldos de precio
English translation:establish a senior mortgage to secure the outstanding balance of the price
Entered by: Marian Greenfield

19:47 Jan 9, 2002
Spanish to English translations [PRO]
Law/Patents
Spanish term or phrase: constitución de hipoteca en primer grado como garantía de los saldos de precio
Se constituye esta hipoteca por ej. a partir de la escritura (compra venta de un inmueble)
gluck
establish a senior mortgage to secure the outstanding balance of the price
Explanation:
senior mortgage = first mortgage = the one that is first in line for payment

www.ilrg.com/forms/mortdeed.html
www.dearborn.com/download/iared/chapter08.htm
www.ci.chi.il.us/Mayor/Ordinances2001/Dec5/8027SDrexel.txt
www.real-estate-law.com/articles/smf.htm

etc, etc.
Selected response from:

Marian Greenfield
Local time: 10:33
Grading comment
2 KudoZ points were awarded for this answer



Summary of answers provided
5 +1establish a senior mortgage to secure the outstanding balance of the price
Marian Greenfield
4First Class Mortgage
Ivan Sanchez
4a Mortgage is hereby constituted/recorded
Karina Fabrizzi
4first mortgage
Amero Communications


  

Answers


18 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
First Class Mortgage


Explanation:
It's the first one to be paid in any transaction with the document in question.

Ivan Sanchez
Local time: 10:33
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 168
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18 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
a Mortgage is hereby constituted/recorded


Explanation:
a primary mortgage is hereby constituted as a collateral


Karina Fabrizzi
Argentina
Local time: 11:33
Native speaker of: Spanish
PRO pts in pair: 171
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40 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
first mortgage


Explanation:
To set up a first mortgage to cover the balance on the total price (of the property).
Las hipotecas varían de grado en grado en español. En inglés son first, second, third, etc... La de primer grado es usada para financiar el saldo del precio total del inmueble (luego de pagar la cuota inicial - o poner el pie, como le dicen en Chile).
Ojalá te ayude!
Patty

Amero Communications
Canada
Local time: 10:33
Native speaker of: Native in EnglishEnglish, Native in SpanishSpanish
PRO pts in pair: 14
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42 mins   confidence: Answerer confidence 5/5 peer agreement (net): +1
establish a senior mortgage to secure the outstanding balance of the price


Explanation:
senior mortgage = first mortgage = the one that is first in line for payment

www.ilrg.com/forms/mortdeed.html
www.dearborn.com/download/iared/chapter08.htm
www.ci.chi.il.us/Mayor/Ordinances2001/Dec5/8027SDrexel.txt
www.real-estate-law.com/articles/smf.htm

etc, etc.


    20 years of experience as a financial translator
Marian Greenfield
Local time: 10:33
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 14617

Peer comments on this answer (and responses from the answerer)
agree  trena
28 mins
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