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|GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)|
|Spanish term or phrase:||(no se encuentra) afecto a otra hipoteca, censo o gravamen preferente|
|English translation:||not subject to any other mortgage, contract subject to pledge or encumbrance with higher ranking|
|Entered by:|| Daniela Pesce||Options:|
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|Spanish to English translations [PRO]|
Law/Patents - Law (general)
|Spanish term or phrase: (no se encuentra) afecto a otra hipoteca, censo o gravamen preferente|
|QUINTO: La parte constituyente declara, que los Inmuebles le pertenecen como única y exclusiva dueña, que no se encuentra afecto a otra hipoteca, censo o gravamen preferente a los derechos que por este instrumento se constituyen, que su derecho no está sujeto a condición resolutoria ni a prohibiciones de hipotecar, gravar o enajenar y que no existen embargos ni juicios pendientes que puedan menoscabarlo de modo alguno|
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Local time: 06:05
4 KudoZ points were awarded for this answer
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not affected by any mortgage, ruling or encumbrance (with preference)
I don't think the it's necessary to translate the "preferente" part in English, since it would be understood.
Note added at 5 mins (2006-09-01 17:24:20 GMT)
It depends, of course, on how you finish the sentence.
Local time: 12:05
Native speaker of: English
PRO pts in category: 478
|Login to enter a peer comment (or grade)|23 mins confidence: peer agreement (net): +1 2 days13 hrs confidence:
not subject to any senior mortgage, annuity or levy
hipoteca preferente = senior mortgage or first mortgage
censo = (real property) annuity
credit default swap: Information From Answers.comAnother factor that affects the quote on a CDS contract is the **debt seniority** of the reference obligation. In the event of a company becoming bankrupt bonds ...
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A series of fixed payments paid at regular intervals over the specified period of the annuity. The fixed payments are received after a period of investments that are made into the annuity.
Investopedia Says: An annuity is essentially a level stream of cash flows for a fixed period of time. It is most often used as a form of income during retirement.
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