English to German translations [PRO]
Bus/Financial - Real Estate | | English term or phrase: equity advance | Lästigerweise ist es noch immer der Übersiedlungs-Richtlinie. *Equity Advance* macht mir auch noch Kopfzerbrechen
*Equity Advance* – Exceptions Only
Vice President of Human Resources approval is required for an *equity advance*.
a.In addition, to aid you in the purchase of your new residence, Claire’s can *advance you the equity* on your current residence three days prior to the closing of your newly-purchased home. A signed promissory note is required, stating the advance will be due and payable within three days after the sale and closing of your current residence. |
|  Susanne StöcklKudoZ activityQuestions: 468 (none open) ( 6 closed without grading) Answers: 190
Austria
| Local time: 03:42
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| | (Kaufpreis)vorauszahlung / -vorschuss | Explanation:
Hier geht es offenbar darum, dass das Unternehmen dem Mitarbeiter den Preis (oder einen Teil davon) für den Verkauf der bisher genutzten Wohnung vor Abschluss der eigentlichen Transaktion zahlt.
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Note added at 8 mins (2008-01-02 10:13:46 GMT)
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... bzw. vor Abschluss der Eigentumsübertragung auf den Käufer. |
| Selected response from:
 Steffen Walter
Germany
Local time: 03:42
| Grading comment | 4 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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7 mins confidence:   peer agreement (net): +2
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The translation workplace 
