Glossary entry

Spanish term or phrase:

consignar

English translation:

escrow

Added to glossary by Cyril B.
Oct 28, 2012 07:36
11 yrs ago
40 viewers *
Spanish term

consignar

Spanish to English Law/Patents Law: Contract(s)
From a lease agreement:

En caso que “LA ARRENDATARIA”, por cualquier causa, pretenda **consignar** la Renta, o cualesquier otra prestación económica, se obliga a depositar dicha cantidad en un tribunal competente del Distrito Federal.
Asimismo, “LA ARRENDATARIA” se compromete:
(i) a informar a “LAS ARRENDADORAS”, dentro de un plazo de 5 (cinco) días, el tribunal donde esté **consignando** la Renta; y (ii) a continuar efectuando las consignaciones en el mismo tribunal.

I should mention that there is a separate clause specifying the lessors' bank accounts into which the lessee is to deposit the rent and other payments.

Your suggestions are appreciated!
Proposed translations (English)
4 +1 escrow
Change log

Nov 4, 2012 04:41: Cyril B. Created KOG entry

Proposed translations

+1
21 mins
Selected

escrow

.

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Note added at 22 mins (2012-10-28 07:59:11 GMT)
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or 'place in escrow'

"Under this law, if a landlord fails to repair serious or dangerous defects in a rental unit, you have the right to pay your rent into an escrow account established at the local district court."
http://www.peoples-law.org/node/252
Note from asker:
Nice one! My dictionary does have "escrow" as a verb but I wonder if "pay [...] into an escrow account", as per your great reference might be best? Either way, your answer seems spot on. Thanks Cyril :)
Wow, I'm tired! Hadn't seen your 'place in escrow' alternative before posting my previous comment. 2 a.m. here :)
Peer comment(s):

agree Béatrice Sylvie Lajoie : In USA : to pay into court
40 mins
Merci Béatrice
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks again, Cyril :)"
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