Glossary entry (derived from question below)
Bulgarian term or phrase:
законова ипотека
English translation:
legal mortgage
Added to glossary by
Kalinka Hristova
Feb 16, 2017 22:22
7 yrs ago
5 viewers *
Bulgarian term
законова ипотека
Bulgarian to English
Bus/Financial
Real Estate
mortgaging
Законовата ипотека е най-често срещаният вариант при покупка на ново жилище. Купувачът превежда своето самоучастие по сделката, а продавачът прехвърля имота на купувача. В нотариалния акт се вписва, че остатъкът от дължимата сума ще бъде внесен от банката-кредитор и се изготвя молба до съдия по вписванията за вписване на законна ипотека.
Proposed translations
(English)
| 4 +1 | legal mortgage |
Kalinka Hristova
|
Change log
Feb 19, 2017 19:05: Kalinka Hristova Created KOG entry
Proposed translations
+1
15 mins
Kalinka Hristova
Bulgaria
Bulgaria
Native in Bulgarian
Specializes in field
Bulgaria
Into clear Bulgarian
Native in: Bulgarian (Variant: Standard-Bulgaria) 
Works in: English to Bulgarian, Spanish to Bulgarian, French to Bulgarian, and 2 more.
Related KudoZ points
:
16
Selected
legal mortgage
http://uk.practicallaw.com/8-107-6863?service=finance
A legal mortgage is the most secure and comprehensive form of security interest. It transfers legal title to the Mortgagee ( www.practicallaw.com/6-107-6864) and prevents the mortgagor ( www.practicallaw.com/3-107-6865) from dealing with the mortgaged asset while it is subject to the mortgage.
http://www.lectlaw.com/def2/m040.htm
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. It is an universal rule in equity that once a mortgage, always a mortgage -- every attempt, therefore, to defeat the equity of redemption, must fail.
A legal mortgage is the most secure and comprehensive form of security interest. It transfers legal title to the Mortgagee ( www.practicallaw.com/6-107-6864) and prevents the mortgagor ( www.practicallaw.com/3-107-6865) from dealing with the mortgaged asset while it is subject to the mortgage.
http://www.lectlaw.com/def2/m040.htm
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. It is an universal rule in equity that once a mortgage, always a mortgage -- every attempt, therefore, to defeat the equity of redemption, must fail.
Note from asker:
| Много благодаря за бързата реакция! |
4 KudoZ points awarded for this answer.
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