Glossary entry

English term or phrase:

first lien position

Serbian translation:

pravo preče naplate/isplate

Added to glossary by V&M Stanković
Feb 25, 2008 17:35
16 yrs ago
9 viewers *
English term

first lien position

English to Serbian Bus/Financial Finance (general) lien
Videla sam da je lien retenciono pravo, ali sta je first lien position, odnosi se na hipoteku.
Change log

Feb 28, 2008 08:36: V&M Stanković Created KOG entry

Proposed translations

+5
2 hrs
Selected

pravo preče naplate/isplate

S obzirom da “first lien position” znači da "in the event of a default, they are the first creditor to receive remuneration” (a slično je i u drugim definicijama), možda bi se moglo prevesti i kao “pravo preče naplate/isplate”.


Wikipedia:
Loan structure
... Most lenders fund in the first lien position, meaning that in the event of a default, they are the first creditor to receive remuneration. Occasionally, a lender will subordinate to another first lien position loan; this loan is known as a mezzanine loan or second lien.
( http://en.wikipedia.org/wiki/Hard_money_loan )


Exact Financial Group - Glossary of Terms:
first lien position - The position of lien priority held by a mortgage or deed of trust that has higher priority than any other mortgage or deed of trust against the property.
( http://www.exactfg.com/sys/nl/ai.esp?cid=970d20c8171909d0c29... )


AmeriCU - Home Equity Terms & Glossary:
First Lien position - Primary claim by the lender for satisfaction of outstanding debt. A first mortgage creates a first lien. Therefore, if a member defaults on their mortgage and home equity loans, the lender listed in the 1st lien position on the mortgage would get paid the balance, and whatever dollar amount is leftover would go to the home equity lender.
( http://www.americu.org/he/HE_glossary.cfm )
Peer comment(s):

agree Veronica Prpic Uhing
1 hr
hvala
agree Natasa Djurovic
1 hr
hvala
agree Mira Stepanovic
20 hrs
hvala
agree Larisa Djuvelek-Ruggiero (X)
1 day 16 hrs
agree KRAT (X)
198 days
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4 KudoZ points awarded for this answer. Comment: "Hvala!"
17 mins

prioritet hipoteke

"Ono što uopšte nije bilo regulisano starim propisima jeste mogućnost zadržavanja prioriteta hipoteke. Na primer, ako koristite hipoteku kao sredstvo obezbeđenja, prema starim propisima bilo je moguće da zasnujete više hipoteka, prvog, drugog i daljih redova. Poverioci bi se u tom slučaju namirivali prema redosledu zasnivanja hipoteke"
http://www.danas.co.yu/20040603/pravo1.html

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Note added at 18 mins (2008-02-25 17:53:49 GMT)
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npr. u zavisnosti od konteksta možda će Vam više odgovarati opcija "prioritet hipoteke prvog reda"
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+1
1 hr

založno pravo prvog ranga

lien = založno pravo, Pravni rečnik, Branko Vukičević
Peer comment(s):

agree Bojan Kicurovski
18 hrs
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