Login or register (free and only takes a few minutes) to participate in this question.You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.
Spanish to English translations [PRO]
Bus/Financial - Finance (general) / mortgage contract | | Spanish term or phrase: cargas preferentes | La Caja podrá considerar vencida la obligación por el incumplimiento de las obligaciones contraídas en contrato, y especialmente por las siguientes causas:
4. La falta de acreditación en el plazo de quince (días) de la inscripción de la hipoteca, existencia de cargas preferentes e impago de gastos e impuestos tramitación hipoteca.
thanks
xx |
| | | higher ranking encumbrances | Explanation:
in other words, encumbrances that would be paid before the mortgage. Generally, a mortgage lender would want to be the highest ranking creditor if this is a first mortgage. |
| Selected response from:
 Marian Greenfield
Local time: 02:38
| Grading comment Thanks everyone
xx
4 KudoZ points were awarded for this answer |
| |
| Discussion entries: 0 |
|---|
Automatic update in 00:
|
8 mins confidence:   peer agreement (net): +4 higher ranking encumbrances
Explanation:
in other words, encumbrances that would be paid before the mortgage. Generally, a mortgage lender would want to be the highest ranking creditor if this is a first mortgage.
25 years of experience in financial/legal translation, most as manager of translation at a major investment bank
| Marian Greenfield
Local time: 02:38
Specializes in field
Native speaker of:  English
PRO pts in category: 1524
|
| | |
|
| |
The translation workplace 
