This site uses cookies. Some of these cookies are essential to the operation of the site, while others help to improve your experience by providing insights into how the site is being used. For more information, please see the ProZ.com privacy policy.
Cookie settings
einer innerhalb des Kohlenstoffkette benachbarten..
pikante Entgleisungen
Nov 21, 2007 16:56
16 yrs ago
2 viewers *
German term

Vorzugspfandrecht

German to English Law/Patents Real Estate Condominium Act (Austrian)
Can anyone help with this term? I'm at a loss!!! It's in a section from a management agreement for an administrator of a condiminium and how fees arising from assertion of the Vorzugspfandrecht in § 27 c of the Condominium Act (Wohnungseigentumsgesetz) are handled. If anyone can help I would very much appreciate it!
Proposed translations (English)
3 +3 preferential lien
4 senior lien position
4 pre-preferential claim
3 preference lien
3 priority lien
Change log

Nov 21, 2007 16:58: Johanna Timm, PhD changed "Term asked" from "vorzugspfandrecht" to "Vorzugspfandrecht"

Discussion

Johanna Timm, PhD Nov 21, 2007:
This might come in handy for your job:http://www.nls.fi/org/inter/eulis/GLOSSARY_main_A.htm

Proposed translations

+3
5 mins
Selected

preferential lien

I've just cobbled this together from my real estate dico. Not sure if it's the best translation for your context.
Peer comment(s):
agree Johanna Timm, PhD : or 'prior lien': http://www.webtranslate.de/cgi-bin/owDEc.cgi?l=0&dt=Vorzugsp...
1 min
neutral Andras Malatinszky : Prior lien is wrong, I'm afraid: the point is precisely that the law gives certain entities (such as the local tax authority or perhaps the condo association) first lien position even if someone else (typically a bank) already has a prior lien.
17 mins
I didn't suggest prior lien, I suggested preferential lien.
agree Dr.G.MD (X) : like Johanna
41 mins
agree Margaret Marks : preferential charge for British English - no liens on land
1 day 1 hr
Thanks for the useful info.
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "I've decided to use preferential lien. THanks everyone for being so prompt at suggesting answers. They were all a great help"
34 mins

senior lien position

the opposite is called subordinated lien position
Peer comment(s):
neutral Erik Brinkhof : Senior lien seems a bit confusing, because it is (also?) used for the seniority of a lien.
3 hrs
Something went wrong...
2 hrs

preference lien

This is an alternative term, which is also used.

--------------------------------------------------
Note added at 4 hrs (2007-11-21 21:07:53 GMT)
--------------------------------------------------

And yet another alternative would be: Perfected Lien:
http://www.answers.com/topic/perfected-lien
http://en.wikipedia.org/wiki/Lien
Something went wrong...
8 hrs

priority lien

Something went wrong...
1 day 6 hrs

pre-preferential claim

As this overrides both secured and preferred debts, then maybe pre-preferential - like the Inland Rev. and local authority council tax - is a better epithet.

Whether protected by a lien or charge depends on the nature of interest it attaches to.
Example sentence:

regime (inherent in the rules governing set-off, pre-preferential and preferential claims etc.) before it. evaded its “equality”. The crucial issue was not ...

Das Vorzugspfandrecht der Wohnungseigentümergemeinschaft nach § 13c WEG 1975 (= § 27 WEG ... Besteht dieses Vorzugspfandrecht aber unabhängig von seiner ...

Reference:

http://works.bepress.com/cgi/viewcontent.cgi?article=1004&context=riz_mokal

http://www.orlich.at/cgi-bin/orlich/archiv.cgi?&artikel=824

Something went wrong...
Close search
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search