Glossary entry

German term or phrase:

Rang nach Abteilung III/1

English translation:

Next in priority to Section III No. 1

Added to glossary by Reynaldo27
Jul 4, 2007 09:32
17 yrs ago
10 viewers *
German term

Rang nach Abteilung III/1

German to English Law/Patents Real Estate
Zu diesem Flurstück ist folgende Grunddienstbarkeit eingetragen: Rückauflassungsvormerkung - Anspruch bedingt - für die Gemeinde Y gemäß Bewilligung vom..., *Rang nach Abteilung III/1*, eingetragen am ....

Proposed translations

2 hrs
Selected

Next in priority to Section III No. 1

This deals with the order of precedence in which mortgages and charges are paid (from potentially limited assets).
BTW you could leave "Abteilung" with the approximate translation - section - in brackets if this hasn't appeared in the text previously
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