Spanish translation: Primera hipoteca sobre un bien cuyo título de propiedad está totalmente legalizado
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20:41 Sep 9, 2001
English to Spanish translations [PRO] Bus/Financial
English term or phrase:first position perfected security interest
For extensions of credit in excess of $50,000, a first position perfected security interest is required
in all of a borrower’s assets, or in the assets being financed, or the facility must be secured by
liquid collateral. Procedures must be in place to insure that a security interest is properly filed.