rykningstilsagn

12:22 Dec 12, 2018
This question was closed without grading. Reason: Other

Danish to English translations [PRO]
Bus/Financial - Finance (general)
Danish term or phrase: rykningstilsagn
From a credit agreement for a mortgage

Vi giver Jyske Bank fuldmagt til at foretage de nødvendige dispositioner og ekspeditioner, der er forbundet med vilkårene i denne aftale, bl.a. til at:
få rykningstilsagn på pant hos panthavere, der skal have panteret efter det nye lån, herunder give en panthaver transport i låneprovenuet efter Jyske Banks ret og notere transporten, hvis det er nødvendigt for at få pantebrevet til at rykke for det nye lån eller få det aflyst af tingbogen.
Michael Purvis


Summary of answers provided
1 -1certificate of satisfaction
andres-larsen


Discussion entries: 1





  

Answers


2 hrs   confidence: Answerer confidence 1/5Answerer confidence 1/5 peer agreement (net): -1
certificate of satisfaction


Explanation:
obtaining certificate(s) of satisfaction / authorization(s) for cancellation or deletion on the mortgage certificate / mortgage bond from the mortgage holders

We grant Jyske Bank the power of attorney to undertake the required transactions and issuances that refer to the terms of this agreement, including: obtaining certificate(s) of satisfaction / authorization(s) for cancellation or deletion on the mortgage certificate / mortgage bond from the mortgage holders who are subject to right of lien under / pursuant to the new loan, authorizing transfers in loan proceeds to mortgagees subject to Jyske Bank's rights and entering these transfers, if required to reclassify ("move over") the mortgage certificate / mortgage bond (in the deed / land register) under the new loan or have it deleted from the deed / land register.

sources:

Land Registers - glossary of terms | Department of Finance
https://www.finance-ni.gov.uk/articles/land-registers-glossa...
Certificates of satisfaction

A certificate by the Enforcement of Judgments Office stating that a debt due under an Order Charging Land or other judgment of the court has been discharged - paid.

dict.cc Wörterbuch :: Löschungsbewilligung :: Deutsch-Englisch ...
https://www.dict.cc/deutsch-englisch/Löschungsbewilligung.ht...
Deutsch-Englisch-Übersetzungen für Löschungsbewilligung im Online-Wörterbuch dict.cc (Englischwörterbuch).–
NOUN die Löschungsbewilligung | die Löschungsbewilligungen

acquittance Löschungsbewilligung {f}
authority for cancellation Löschungsbewilligung {f}
econ. certificate of satisfaction Löschungsbewilligung {f}
consent for cancellation

96001 Notices Under Section 71 Land Titles Act | Ontario.ca
https://www.ontario.ca/land-registration/96001-notices-under...
7 sep. 2017 - Section 71 of the Land Titles Act provides that the Director of Titles may .... I hereby authorize the Land Registrar to delete the entry of this ...

89004 Expired Interests | Ontario.ca
https://www.ontario.ca/land-registration/89004-expired-inter...
6 sep. 2017 - Various sections of the Land Titles Act , including section 78, 80 and 106 authorize the Land Registrar to delete expired or discharge interests ...

2 KudoZ DE>EN sources:

Löschungsbewilligung | German to English | Real Estate - ProZ.com
https://www.proz.com/...to.../1527426-löschungsbewilligung.h...
2 sep. 2006 - German term or phrase: Löschungsbewilligung ...looks like it's an authorization for a property to be deleted from the land register, but I don't ...

Löschung im Grundbuch | German to English - ProZ.com
https://www.proz.com/.../424879-löschung-im-grundbuch.html
2 may. 2003 - German term or phrase: Löschung im Grundbuch. English translation: deletion [of entry] from Land [or Deed] Registry. Entered by: Maureen ...

explanation in German:

Darlehen durch ein neues Darlehen ablösen? (Grundbuch ...
https://www.finanzfrage.net/.../darlehen-durch-ein-neues-dar...

Die Prozedur ist relativ einfach.

Für das neue, dir bereits verbindlich zugesagte Darlehen bestellst du als Eigentümer zu Protokoll des Notars nach dem Bankformular eine Grundschuld über 160 000 €, die - zunächst - an zweiter Rangstelle im Grundbuch einzutragen ist.

Erst wenn die restliche Forderung zurückgeführt ist, hast du Anspruch auf Erteilung einer Löschungsbewilligung über die (alte) Grundschuld in Höhe von 140.000,-- €. Mit dieser Urkunde beantragst du dann die Löschung im Grundbuch, wobei die Beglaubigung deiner Unterschrift der notariellen Beglaubigung bedarf.

Mit der Löschung im Grundbuch "rutscht "die neue Grundschuld automatisch an die erste Rangstelle.

Wegen der unterschiedlichen Grundschuldbeträge rate ich von einer Abtretung der 140 000 € und Neueintragung von 20 000 € im Gleich- oder Nachrang ab.


andres-larsen
Venezuela
Local time: 01:58
Native speaker of: Native in EnglishEnglish
PRO pts in category: 73

Peer comments on this answer (and responses from the answerer)
disagree  Leif Henriksen: Nei, dette er kvittering for innløsning av et pantelån, slik at pantet kan slettes. Andres-Larsen bør fraholde seg fra å spamme alle mulige spørsmål med "forklaringer" han ikke selv forstår.
11 mins
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