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Massebuch

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11:56 Jun 19, 2011

This question was closed without grading. Reason: Answer found elsewhere

German to English translations [PRO]
Law/Patents - Real Estate / Notarization of transfer of residential property / escrow account

German term or phrase: Massebuch

This is related to the notary establishing an escrow account (Notar-Anderkonto) for the conveyance of real property (in Germany).

In this deed, after laying down some particulars of how the transaction is going to be executed, and cautioning the parties about the implications, we find the following sentence:

"XXX erklären sich damit einverstanden, dass das Notar-Anderkonto nach Erledigung der Verwahrung durch Übersendung einer Ablichtung des *Massebuches* an beide Parteien abgerechnet wird."

So I guess this is some kind of ledger/record balance/balance sheet(?), a photocopy of which is presented to both parties as a settlement to account for the deposited funds -- but I would like to know whether there's an established term.

I've found some indications here and there as to the possible translations, but nothing really conclusive -- so I would be grateful for any suggestions!

opolt KudoZ activity Questions: 4 (none open) Answers: 405 Germany
Local time: 18:36

Summary of reference entries provided

Massenbuch

Kim Metzger

Discussion entries: 3

Reference comments

1 hr peer agreement (net): +1

Reference: Massenbuch

Reference information:
Massenbuch
§ 12 DONot: Für jede Verwahrungsmasse ist ein gesondertes
Massenbuch anzulegen und wie ein Buchführungskonto
(Einnahmen, Ausgaben) zu führen.
Nach Erledigung (Abschluss) ist die Masse rot durchzustreichen
(zu röten). Ü Verwahrung
Ü Verwahrungsbuch Ü Notaranderkonto

http://www.reno-intensivkurs.de/Notariatslexikon.pdf

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Note added at 1 hr (2011-06-19 13:09:20 GMT)
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Yes, there are about 800 Googlies for Massebuch and 15,000 for Massenbuch.

Kim Metzger
Mexico
Works in field
Native speaker of:

English
PRO pts in category: 260

Note to reference poster

Asker: Oops, so it's Massenbuch (plural), which might explain why I haven't found more on this. -- This whole document is very useful, thanks a lot, Kim.

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Changes made by editors

Jun 19, 2011 - Changes made by opolt:
Field (specific)	Law: Contract(s) => Real Estate

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Massebuch

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