Glossary entry

Bulgarian term or phrase:

учредявам ипотека

English translation:

to establishs/set up/create/constitute a mortgage, to mortgage property/real estate/etc.

Added to glossary by Veta Anton
Jan 11, 2011 22:14
13 yrs ago
5 viewers *
Bulgarian term

учредявам ипотека

Bulgarian to English Law/Patents Law (general)
В практиката често се учредява законна ипотека в полза на банките върху недвижимите имоти и вещните права върху тях.

Proposed translations

5 hrs
Selected

to establish a mortgage; to set up a mortgage

"constitute" a mortgage is very unidiomatic.
"to mortgage" may be correct in some contexts but not this one.

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Note added at 5 hrs (2011-01-12 03:33:00 GMT)
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In particular, the sentence does not state who established the mortgage. "To mortgage" emphasizes an action of the mortgagor (e.g. as distinct from the mortgagee, or a contract, or as distinct from the mortgagor and mortgagee jointly.
The sentence reads literally: "In practice, a legal mortgage is often set up ...". This is vague.
(Incidentally, I would leave out the word "legal" because it adds confusion as to whether the title transferred is legal or equitable title.)
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9 mins

mortgage property/real estate/etc.

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Note added at 11 mins (2011-01-11 22:25:50 GMT)
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Establish a mortgage lien
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2 hrs

to constitute a mortgage

PROMISE TO CONSTITUTE PLEDGE OR MORTGAGE CREATES NO REAL RIGHT
Art. 2092. A promise to constitute a pledge or mortgage gives rise only to a personal action between the contracting parties, without prejudice to the criminal responsibility incurred by him who defrauds another, by offering in pledge or mortgage as unencumbered, things which he knew were subject to some burden, or by misrepresenting himself to be the owner of the same. (1862)
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2 days 17 hrs

create a mortgage

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