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15:11 Sep 8, 2015 |
Dutch to English translations [PRO] Bus/Financial - Real Estate | |||||||
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| Selected response from: Adrian MM. (X) Local time: 04:34 | ||||||
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Summary of answers provided | ||||
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4 | creation of a mortgage; establishment of a mortgage |
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3 | raising (or taking out) of a mortgage WITH |
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3 | register a mortgage (in favour of) |
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Vestigen van hypotheekrecht |
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Discussion entries: 4 | |
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vestiging van (een) hypotheek creation of a mortgage; establishment of a mortgage Explanation: see e.g. JurLex: vestiging van een hypotheek = creation of a mortgage establishment of a mortgage -------------------------------------------------- Note added at 16 mins (2015-09-08 15:27:31 GMT) -------------------------------------------------- vestiging van eerste hypotheek op de woning BIJ [naam geldverstrekker] = arrange a mortgage with the lender |
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vestiging van hypotheek BIJ raising (or taking out) of a mortgage WITH Explanation: Raising is nowt to do with self-raising flour for baking a cake, but arranging a mortgage with the money-lender. NB 'give a mortage *to* the mortgagee or mortage lender' might be legally accurate whilst, in common UK parlance, customers who claim that 'the bank or building society has given me a mortgage' have, famously, got it the wrong way round. What the bank or building soc. has given them is a mortage loan. I don't know whether UK non-financial journalists understand the difference... PS whilst creation of a mortgage is an IATE website entry for the term, it doesn't work particularly well with the preposition BIJ that has echoes of the oft-misused German bugbear bei. -------------------------------------------------- Note added at 3 hrs (2015-09-08 18:48:24 GMT) -------------------------------------------------- mortage = mortgage -------------------------------------------------- Note added at 4 hrs (2015-09-08 19:59:38 GMT) -------------------------------------------------- '..the bank doesn't obtain security by taking out a mortgage with the bank, they obtain security by having the borrower do so.' Yes, exactly. The securuity is obtained by a mortgage taken out by the borrower with the bank. We seem to be going round in circles. -------------------------------------------------- Note added at 7 hrs (2015-09-08 23:02:05 GMT) -------------------------------------------------- vestigen: establishing or securing a mortgage is translat(or)ese and doesn't resolve the bij problem. Consolidating a mortage would change the sense to adding toigether several mortages over different properties. Same technique in DE: eine Hypothek bestellen = create or give a mortgage. -------------------------------------------------- Note added at 15 hrs (2015-09-09 06:18:32 GMT) -------------------------------------------------- Establishing point: establshment of a mortgage connotes to me tracing or finding out whether there is a mortage over the land. I have never seen that term used in UK conveyancing, except to mean a search or inquiry into land charges. Collateral point: a red herring. Collateral can be put up for different properties and at different time. It makes no difference to my suggested translations. So I don't see what your problem is. -------------------------------------------------- Note added at 17 hrs (2015-09-09 08:34:09 GMT) -------------------------------------------------- Yes. It is still a mortgage/charge over X. I must move on to my own work now.... Example sentence(s):
Reference: http://www.howtolaw.co/raise-a-mortgage-392118 |
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register a mortgage (in favour of) Explanation: See also my D-box entry. De zekerheid is te verkrijgen door vestiging van eerste hypotheek op de woning bij [naam geldverstrekker]. >> The (required) security is to be obtained by registering a first mortgage on the property in favour of [name of lender]. Or: (...) by having a first mortgage registered on the property in favour of (...) The mortgage (the "Mortgage") granted by the Borrower in favour of [lender] (the "Lender") was submitted for registration in the Land Title Office on [month, day, year] under No. [number]. (...) We confirm that you have requested that we prepare and register a first mortgage (the "Mortgage") in favour of [lender] (the "Lender"). https://www.cle.bc.ca/PracticePoints/REAL/ActingforPrivateLe... |
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Reference: Vestigen van hypotheekrecht Reference information: Het recht van hypotheek is een zekerheidsrecht op een registergoed, dat gekoppeld is aan een lening, althans een maximaal te lenen bedrag. De eigenaar van het goed kan dit hypotheekrecht vestigen op het goed ten behoeve van een rechtssubject (zoals een bank) die dat als voorwaarde stelt voor het verstrekken van de lening. In zo'n geval spreekt men van een hypothecaire lening. De hypothecaire lening wordt verstrekt en als borgstelling wordt het goed in onderpand gegeven. https://nl.wikipedia.org/wiki/Recht_van_hypotheek -------------------------------------------------- Note added at 4 dagen (2015-09-12 17:39:05 GMT) -------------------------------------------------- Veelal bestaat er verwarring over de begrippen die gehanteerd worden bij hypotheken. Zo wordt vaak gesproken over het nemen van een hypotheek, waar een geldlening wordt bedoeld. Juridisch gesproken is het zo dat als u een geldlening neemt, daartegenover het recht van hypotheek “geeft” aan de geldgever. De geldgever op zijn beurt “neemt” het recht van hypotheek vervolgens aan. De cliënt is derhalve geldnemer en hypotheekgever en degene die het geld verstrekt de geldverstrekker en hypotheeknemer. http://www.detijdnotariaat.nl/pdf/Informatie_inzake_hypothee... |
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