versetzt

English translation: mortgaged

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:versetzt
English translation:mortgaged
Entered by: Kaportnoy

15:25 Mar 14, 2016
German to English translations [PRO]
Law/Patents - Real Estate / Medieval History
German term or phrase: versetzt
Satzdarlehen können in einigen Fällen mit einem Hauskauf oder mit dem Weinbau in Verbindung gebracht werden. Dafür sprechen einerseits zeitnahe Käufe von Häusern und anderseits die vielen versetzten Weingärten und Befristungen bis zum Martinsfest.

I have: In several cases, mortgages (Satzdarlehen) could be associated with buying a house or with winegrowing. This is indicated by the zeitnahe (purchases close together?) purchases of houses and the many versetzten vineyards and fixed term until St. Martin's Day.

I am very unsure what versetzt means in this case. Is this a specific real estate term?
Kaportnoy
Local time: 02:41
mortgaged
Explanation:
Or given as security/collateral or even, as my dictionary reference says, pawned. I'm not sure what "Befristungen bis zum Martinsfest" means though.
Selected response from:

philgoddard
United States
Grading comment
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4 KudoZ points were awarded for this answer



Summary of answers provided
4mortgaged
philgoddard
4demise(d); (AmE-only for land) liened
Adrian MM. (X)
3pledged
Daniel Arnold (X)
Summary of reference entries provided
Satz-/versetzen
Johanna Timm, PhD

Discussion entries: 2





  

Answers


20 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
mortgaged


Explanation:
Or given as security/collateral or even, as my dictionary reference says, pawned. I'm not sure what "Befristungen bis zum Martinsfest" means though.


    Reference: http://www.dict.cc/?s=versetzen
philgoddard
United States
Native speaker of: English
PRO pts in category: 59
Grading comment
Thanks!
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38 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
versetzen
demise(d); (AmE-only for land) liened


Explanation:
My Herbst Swiss-German dictionary also gives 'verpfänden' (pledge or pawn). To avoid a double up with Satzdarlehen, I suggest a land lien for US consumption only (charge in E&W) or. for the UK, demise to cover a lease, mortgage, an incongruously modern-day legal charge or rudimentary transfer of possession.

Befristungen bis zum (DE) Martinsfest/(AT) Martinifest: limitations in time until the Martinmas goose-eating festival around St. Martin's Day on the 11th November.

Those abroad who are unfamiliar with this Martins/Martini/gans ritual . and have 'forgitten' the references thereto in Aronold Zweig's 'Das Beil von Wandsbeck' about a World War II butcher in Hamburg - should remember to book a restaurant or cafe table early.




Example sentence(s):
  • In a mortgage by demise, the mortgagee (the lender) becomes the owner of the mortgaged property

    Reference: http://https://en.wikipedia.org/wiki/Mortgage_law
Adrian MM. (X)
Local time: 08:41
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 228
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5 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
pledged


Explanation:
An alternative to mortgaged. the many vineyards pledged as collateral.


Daniel Arnold (X)
Australia
Local time: 08:41
Specializes in field
Native speaker of: Native in GermanGerman, Native in EnglishEnglish
PRO pts in category: 8
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Reference comments


5 hrs peer agreement (net): +1
Reference: Satz-/versetzen

Reference information:
Satzdarlehen werden im "Satzbuch" verzeichnet

Gewährbuch=Urkunden, die das Eigentum nachweisen/
Satzbuch= Buch, in dem die Lasten verzeichnet sind=Pfandbuch

"Die Bezeichnung Satzbuch nimmt darauf Bezug, dass bei Verpfändungen Eigentum versetzt wird."
https://goo.gl/dH3eG4

Johanna Timm, PhD
Canada
Native speaker of: Native in GermanGerman
PRO pts in category: 119

Peer comments on this reference comment (and responses from the reference poster)
agree  philgoddard: I didn't know that! But it supports my answer :-)
5 mins
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