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The City will not accept less than a second lien position.

Spanish translation: La Ciudad no aceptará una hipoteca de grado menor al segundo

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:The City will not accept less than a second lien position.
Spanish translation:La Ciudad no aceptará una hipoteca de grado menor al segundo
Entered by: Isabel Vazquez
Options:
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- Include in personal glossary

21:30 May 22, 2005
English to Spanish translations [PRO]
Law/Patents - Law (general)
English term or phrase: The City will not accept less than a second lien position.
The whole paragraph reads:
The City will not accept less than a second lien position, therefore, if there are other mortgages on the property, the applicant is not eligible.

(Part of the Requirements for Housing Rehabilitation Assistance)
mariangelita
Local time: 06:04
la ciudad no aceptará una hipoteca de grado menor al segundo
Explanation:
De segundo grado: hay otra hipoteca inscripta antes sobre la misma propiedad.

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Note added at 6 mins (2005-05-22 21:37:19 GMT)
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O: la ciudad no aceptará una hipoteca menor al segundo grado.
Selected response from:

Isabel Vazquez
Argentina
Local time: 08:04
Grading comment
Muchas gracias.
3 KudoZ points were awarded for this answer

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Summary of answers provided
5 +1la ciudad no aceptará una hipoteca de grado menor al segundo
Isabel Vazquez


  

Answers


6 mins   confidence: Answerer confidence 5/5 peer agreement (net): +1
the city will not accept less than a second lien position.
la ciudad no aceptará una hipoteca de grado menor al segundo


Explanation:
De segundo grado: hay otra hipoteca inscripta antes sobre la misma propiedad.

--------------------------------------------------
Note added at 6 mins (2005-05-22 21:37:19 GMT)
--------------------------------------------------

O: la ciudad no aceptará una hipoteca menor al segundo grado.

Isabel Vazquez
Argentina
Local time: 08:04
Specializes in field
Native speaker of: Spanish
PRO pts in category: 125
Grading comment
Muchas gracias.

Peer comments on this answer (and responses from the answerer)
agree  Margarita Palatnik
21 hrs
  -> Muchas gracias, Margarita. Isabel
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