|German to English translations [Non-PRO]|
Bus/Financial - Law: Contract(s)
|German term or phrase: von seinem Valutabetrag|
|From a contract for the sale of land:|
Der Grundpfandrechtsgläubiger darf das Grundpfandrecht nur insoweit als Sicherheit verwerten oder behalten, als er tatsächlich _von seinem Valutabetrag_ Zahlungen mit Tilgungswirkung auf die Kaufpreisschuld des Käufers geleistet hat.
|of his established equity|
In this context "valuta" refers to the value, or rather the equity, established in the land. Only the percentage of the land already paid off may be used as a security for other purposes. In case of a mortgage type of payment arrangement, this would only be the amount of the principal that has already been paid off.
Selected response from:
Local time: 08:09
|3 KudoZ points were awarded for this answer |
9 mins peer agreement (net): -1
of its exchange value
"valuta" is Italian for exchange.
Local time: 14:09
Specializes in field
Native speaker of: English
PRO pts in category: 4
1 day10 hrs peer agreement (net): -1
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|Changes made by editors|
|Aug 18 - Changes made by Steffen Walter:|
|Field||Law/Patents » Bus/Financial|| |
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