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Elevation de cédule hypothécaire

English translation: Increase in the amount secured under the mortgage deed

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
French term or phrase:Elevation de cédule hypothécaire
English translation:Increase in the amount secured under the mortgage deed
Entered by: nads022
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11:35 Jan 17, 2008
French to English translations [PRO]
Law/Patents - Real Estate
French term or phrase: Elevation de cédule hypothécaire
Increase in mortgage note?

Il s'agit d'une novation et d'une élévation de cédule hypothécaire.
nads022
Switzerland
Local time: 13:33
Increase in the amount secured under the mortgage deed
Explanation:
Mortgage note suggests a paper investment bond. Parcelle in the other question is land. So it's a mortgage deed or UK = Charge Certificate.

If it's a co. that has bought the tract, then it may have raised an 'All Moneys Debenture'




Selected response from:

xxxAdrian MM.
Local time: 13:33
Grading comment
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4 KudoZ points were awarded for this answer

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Summary of answers provided
3 +1Increase in the amount secured under the mortgage deedxxxAdrian MM.


  

Answers


3 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
Elevation de cédule hypothécaire (CH)
Increase in the amount secured under the mortgage deed


Explanation:
Mortgage note suggests a paper investment bond. Parcelle in the other question is land. So it's a mortgage deed or UK = Charge Certificate.

If it's a co. that has bought the tract, then it may have raised an 'All Moneys Debenture'






Example sentence(s):
  • Conventional mortgage - A mortgage or deed of trust not obtained under a ... rate cap - The maximum interest rate increase of an adjustable rate mortgage. ...

    Reference: http://www.paradisefinancial.com/glossary.htm
xxxAdrian MM.
Local time: 13:33
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 165
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