12:35 Dec 3, 2015 |
Hebrew to English translations [PRO] Bus/Financial - Law: Taxation & Customs / התחייבות לרישום משכנתא ברת תוקף | |||||||
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| Selected response from: David Greenberg Israel Local time: 20:45 | ||||||
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registration of a mortgage which is only valid actual receipt of the amount of the loan Explanation: i.e.. "a condition precedent that there shall be an undertaking to register a mortgage which is only valid actual receipt of the amount of the loan" |
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recordation of a valid mortgage only upon actual receipt of the amount of the loan Explanation: This is my understanding of the phrase. |
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