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drept de ipoteca

English translation: right under a mortgage

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Romanian term or phrase:drept de ipoteca
English translation:right under a mortgage
Entered by: Passion-Flower
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09:04 Dec 7, 2010
Romanian to English translations [PRO]
Bus/Financial - Finance (general) / drept economic
Romanian term or phrase: drept de ipoteca
Amendamentele legislative propuse in ansamblu prevad reglementarea mai detaliata a operatiunilor de creditare bancara, crearea premiselor legale pentru exercitarea mai rapida a dreptului de ipoteca constituit pentru garantarae creditelor.
Passion-Flower
Moldova
Local time: 03:10
right under a mortgage
Explanation:
Extras din "Law for Business and Personal Use" de John E. Adamson:

"Taking a security interest in personal property and fixtures or a mortgage on real property are common ways the law allows creditors to protect themselves. If a default occurs, the creditor may then exercise the right under a mortgage to obtain a court order for the sale of the property or, if the collateral is personal property or fixture, the creditor may peacefully repossess it, if possible, and sell it to satisfy the loan."
Selected response from:

Mihaela Buruiana
Romania
Local time: 03:10
Grading comment
multumesc
4 KudoZ points were awarded for this answer

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Summary of answers provided
4 +4right under a mortgage
Mihaela Buruiana


  

Answers


29 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +4
right under a mortgage


Explanation:
Extras din "Law for Business and Personal Use" de John E. Adamson:

"Taking a security interest in personal property and fixtures or a mortgage on real property are common ways the law allows creditors to protect themselves. If a default occurs, the creditor may then exercise the right under a mortgage to obtain a court order for the sale of the property or, if the collateral is personal property or fixture, the creditor may peacefully repossess it, if possible, and sell it to satisfy the loan."

Mihaela Buruiana
Romania
Local time: 03:10
Specializes in field
Native speaker of: Native in RomanianRomanian
PRO pts in category: 96
Grading comment
multumesc

Peer comments on this answer (and responses from the answerer)
agree  Lia Sabau
31 mins
  -> Mulţumesc.

agree  Roxana Nechita
6 hrs
  -> Mulţumesc

agree  Iosif JUHASZ
8 hrs
  -> Mulţumesc

agree  Tradeuro Language Services
11 days
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