zekerhedenopzet
| 11:44 Sep 10, 2015 |
| Dutch to English translations [PRO] Bus/Financial - Real Estate | |||||||
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| 2 | collateral securities set-up |
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| Discussion entries: 2 | |
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Answers
10 hrs confidence: 
collateral securities set-up Explanation: van het verkoopproces > of the sales process. Rather than a statement or schedule, the way the securities tie into and interface with the selling process, released as the relevant secured mortgage debts are paid off. -------------------------------------------------- Note added at 10 hrs (2015-09-10 22:37:21 GMT) -------------------------------------------------- Oh, yes they are. -------------------------------------------------- Note added at 19 hrs (2015-09-11 06:45:26 GMT) -------------------------------------------------- If you reformulated your question: would the order of discharge of securities (e.g. cash deposit first as a liquid asset, then jewellery pledged second, mortgage on other land third) be any different on a sale by private treaty (BrE) to/(AmE) than on a bank foreclosure sale, the answer would be no. The secured creditors still need satisfaction in the right order. (Satsifaction, before you ask, is pay-off, rather than in the Mick Jagger sense). -------------------------------------------------- Note added at 22 hrs (2015-09-11 10:34:53 GMT) -------------------------------------------------- PS a 'voorbelasting' > as referred to in your other question, a prior charge - registered earlier in time - would need to be cleared off or 'vacated' before other charges, whatever form the sale takes: privately or foreclosure with a court order. Example sentence(s):
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