Glossary entry

Albanian term or phrase:

llogari e tjetërsimit

English translation:

trust account

Added to glossary by larserik
Apr 23, 2022 16:39
2 yrs ago
11 viewers *
Albanian term

llogari e tjetërsimit

Albanian to English Bus/Financial Real Estate contract
Context -- Kjo shumë do të likuidohet nëpërmjet llogarisë bankare të tjetërsimit të Noterës.

The buyer pays (within a few weeks from signing the contract) for the property to the Notary, not to the seller. When the seller has registered the sale and the property rights with the relevant authority, the Notary will send him his money.

What is the English term? Escrow account?
Proposed translations (English)
4 +1 trust account
5 escrow account

Proposed translations

+1
4 hrs
Selected

trust account

Either trust account or statutory trust account
Peer comment(s):

agree Klementina Shahini : Trust account!
3 days 1 hr
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4 KudoZ points awarded for this answer. Comment: "Thanks a lot, all three of you! As you might know, my target language is Swedish so I don't need the exact phrase in English. Your answer, as well as Amarilda's, led me to the Swedish term I needed. If I could, I'd reward you all."
1 day 18 hrs

escrow account

Escrow accounts - si term ne gjuhen shqipe njihet si llogaria e posacme e noterit. Kjo llogari hapet ne bankat e nivelit te dyte dhe nuk gjeneron interesa. Ajo eshte e ndryshme nga llogaria bankare e hapur nga noteri si person fizik dhe perdoret per depozitimin e pagesave te tjetersimit nga ana e bleresit ne llogarine e noterit. Ky i fundit pasi ka kryer te gjitha procedurat e nevojshme duhet ti depozitoje shitesit vleren e paguar nga bleresi në llogarine bankare te shitesit. Per me shume te ndihmon edhe pika 9, faqe 2 e linkut.
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