Glossary entry (derived from question below)
Italian term or phrase:
ipoteca legale
English translation:
statutory mortgage
Added to glossary by
Nicole Johnson
Aug 22, 2006 14:44
17 yrs ago
85 viewers *
Italian term
Italy
Journalist, Translator & Interpreter
Native in: English
Works in: Italian to English, English to Italian, English
ipoteca legale
Italian to English
Law/Patents
Real Estate
Procura
From a list of powers of attorney in relation to a deed of sale:
Conferiscono pertanto al nominato procuratore ogni più ampio potere per l'esatto espletamento della presente procura, compreso quello di identificare con più precisi dati catastali, di ubicazione e di confine l'immobile da acquistare, identificare la quota sulle parti comuni condominiali, ricevere quietanza, pattuire la rinuncia all'***ipoteca legale***, i tempi e le modalità di consegna materiale, le garanzie più opportune per il caso di evizione, sia totale che parziale, richiedere dichiarazioni urbanistiche, rilasciare dichiarazioni ai sensi della legge 19 maggio 1975 n. 151 e di ogni altra legge in vigore al momento della stipula del relativo rogito, nel quale potrà, pertanto, convenire patti, clausole e condizioni di uso e di legge.
Is "mortgage" enough here?
Conferiscono pertanto al nominato procuratore ogni più ampio potere per l'esatto espletamento della presente procura, compreso quello di identificare con più precisi dati catastali, di ubicazione e di confine l'immobile da acquistare, identificare la quota sulle parti comuni condominiali, ricevere quietanza, pattuire la rinuncia all'***ipoteca legale***, i tempi e le modalità di consegna materiale, le garanzie più opportune per il caso di evizione, sia totale che parziale, richiedere dichiarazioni urbanistiche, rilasciare dichiarazioni ai sensi della legge 19 maggio 1975 n. 151 e di ogni altra legge in vigore al momento della stipula del relativo rogito, nel quale potrà, pertanto, convenire patti, clausole e condizioni di uso e di legge.
Is "mortgage" enough here?
Proposed translations
(English)
| 4 +1 | statutory mortgage |
Russell Jones
|
| 3 | legal mortgage |
Flavia Cubeddu
|
Proposed translations
+1
1 hr
Russell Jones
United Kingdom
United Kingdom
Native in English
Specializes in field
United Kingdom
Related KudoZ points
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48
Selected
statutory mortgage
I spent a long time researching this for a job last year but, sorry, I didn't record the source. It has something to do with a means of guaranteeing payment between exchange of contracts and final payment in full, as required under Italian law (unless otherwise agreed by the parties).
4 KudoZ points awarded for this answer.
Comment: "Thanks"
19 mins
Flavia Cubeddu
Native in Italian
MA in specialized translation - TRADOS
Native in: Italian
Works in: English to Italian, Italian
legal mortgage
Here is what I found.
legal mortgage=
in the civil law of Louisiana : a mortgage that secures an obligation which is created by a law and which does not have to be stipulated to by the parties. And also: A legal mortgage of lands may be described to be a conveyance of lands, by a debtor to his creditor, as a pledge and security for the repayment of a sum of money borrowed, or performance of a covenant with a proviso, that such conveyance shall be void on payment of the money and interest on a certain day, or the performance of such covenant by the time appointed, by which the conveyance of the land becomes absolute at law, yet the, mortgagor has an equity of redemption, that is, a right in equity on the performance of the agreement within a reasonable time, to call for a re-conveyance of the land.
I attach two links. Hope this can help.
legal mortgage=
in the civil law of Louisiana : a mortgage that secures an obligation which is created by a law and which does not have to be stipulated to by the parties. And also: A legal mortgage of lands may be described to be a conveyance of lands, by a debtor to his creditor, as a pledge and security for the repayment of a sum of money borrowed, or performance of a covenant with a proviso, that such conveyance shall be void on payment of the money and interest on a certain day, or the performance of such covenant by the time appointed, by which the conveyance of the land becomes absolute at law, yet the, mortgagor has an equity of redemption, that is, a right in equity on the performance of the agreement within a reasonable time, to call for a re-conveyance of the land.
I attach two links. Hope this can help.
Reference:
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