Croatian to English translations [PRO]
Real Estate / zemljišno knjižni uložak | | Croatian term or phrase: prvenstveni red | | Temeljem čl.72 Zakona o zemljišnim knjigama zabilježuje se prvenstveni red radi osiguranja tražbine do najvišeg iznosa od 10.000.000,00 EUR-a u protuvrijednosti kuna |
| | | ranking / classification | Explanation:
ranking or classification - referring to the order in which the claims will be collected
"Ranking - In Scotland this term is used to signify the order in which the debts of a bankrupt ought to be paid"
http://legal-dictionary.thefreedictionary.com/ranking
"Section 18-10 [of the Illinois Probate Act] sets forth a classification system for claims, from first class through seventh class. First class claims have the highest priority -- this class includes funeral and burial expenses, expenses of administration, and statutory custodial claims. "Debts due the United States" are third class claims in Illinois.
Two concepts are at work here: (1) all claims of a given class must be paid before moving to the next class of claims and (2) if the amount of property available to pay claims of a given class cannot pay all such claims in full, then the claims will be paid on a pro rata basis."
http://jas-law.typepad.com/death_and_taxes/estate_and_trust_...
"First class. Claims which by law have a specific lien on property to an amount not exceeding the value of such property"
http://www.ncga.state.nc.us/Sessions/2005/Bills/House/HTML/H... |
| Selected response from:
 Kristina Mijic
Croatia
Local time: 01:34
| Grading comment Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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Automatic update in 00:
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46 mins confidence:   peer agreement (net): +2 ranking / classification
Explanation:
ranking or classification - referring to the order in which the claims will be collected
"Ranking - In Scotland this term is used to signify the order in which the debts of a bankrupt ought to be paid"
http://legal-dictionary.thefreedictionary.com/ranking
"Section 18-10 [of the Illinois Probate Act] sets forth a classification system for claims, from first class through seventh class. First class claims have the highest priority -- this class includes funeral and burial expenses, expenses of administration, and statutory custodial claims. "Debts due the United States" are third class claims in Illinois.
Two concepts are at work here: (1) all claims of a given class must be paid before moving to the next class of claims and (2) if the amount of property available to pay claims of a given class cannot pay all such claims in full, then the claims will be paid on a pro rata basis."
http://jas-law.typepad.com/death_and_taxes/estate_and_trust_...
"First class. Claims which by law have a specific lien on property to an amount not exceeding the value of such property"
http://www.ncga.state.nc.us/Sessions/2005/Bills/House/HTML/H...
| Kristina Mijic
Croatia
Local time: 01:34
Works in field
Native speaker of:  Croatian
PRO pts in category: 12
|
| | Grading comment | Selected automatically based on peer agreement. |
|
2 hrs confidence: peer agreement (net): +1 priority
Explanation:
"Priority- the order of position or time. The priority of liens is generally determined by the chronological order in which the lien documents are recorded."
| Romana
Local time: 07:34
Specializes in field
Native speaker of:  Croatian
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| Changes made by editors |
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| Apr 18, 2008 - Changes made by Kristina Mijic: | | Created KOG entry | KudoZ term => KOG term |
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The translation workplace 
