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Byrde lyst pantstiftende

English translation: charge registered as creating a mortgage

08:33 Oct 27, 2016
Danish to English translations [PRO]
Law/Patents - Real Estate
Danish term or phrase: Byrde lyst pantstiftende
The following line appeared on a deed under a section on "Hæftelser":

Kreditor: Byrde lyst pantstiftende

Any help would be much appreciated.
Alan Frost
Denmark
Local time: 15:48
English translation:charge registered as creating a mortgage
Explanation:
a charge creating a mortgage or granting a pledge on registration

Byrde could also be an encumbrance or covenant according to the dictionary.
It all depends on what it actually is, i.e. the terms and conditions, whether it is a payment or some right of use or whatever.
Selected response from:

Christine Andersen
Denmark
Local time: 15:48
Grading comment
Thank you so much
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +2charge registered as creating a mortgage
Christine Andersen
5encumbrance registered as a lien
Charles Ek


  

Answers


26 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +2
charge registered as creating a mortgage


Explanation:
a charge creating a mortgage or granting a pledge on registration

Byrde could also be an encumbrance or covenant according to the dictionary.
It all depends on what it actually is, i.e. the terms and conditions, whether it is a payment or some right of use or whatever.

Christine Andersen
Denmark
Local time: 15:48
Native speaker of: Native in EnglishEnglish
PRO pts in category: 31
Grading comment
Thank you so much
Notes to answerer
Asker: Thank you so much for your help


Peer comments on this answer (and responses from the answerer)
agree  Kim Kardasho (X): http://www.proz.com/kudoz/danish_to_english/finance_general/...
1 hr
agree  Charles Ek: I erred in not recognizing the U.S./E&W difference here.
2 hrs
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2 hrs   confidence: Answerer confidence 5/5
encumbrance registered as a lien


Explanation:
A mortgage is a specific type of loan agreement that is then typically registered as a lien to protect the mortgagee's interest. What you have here is not necessarily a mortgage, but it does involve a lien.

Examples of encumbrances that might be registered include a restriction on use of the property or a debt related to construction or maintenance of the property. If it's the former, it's not a charge either.

More context would help here.

See the explanation at the link below.

--------------------------------------------------
Note added at 2 hrs (2016-10-27 11:15:06 GMT)
--------------------------------------------------

The link might not be obvious. Here's the text in question:

"3. Hvad gør man hvis en servitut/vedtægter skal lyses pantstiftende?
Hvis ikke servitutten allerede er tinglyst, skal servitutten først tinglyses (normalvedtægten undtaget), og derefter skal den lyses pantstiftende via dokumenttypen "Anden Hæftelse Fast Ejendom" og servitutten bilagsrefereres.

Ved anmeldelse af pantstiftende vedtægter henvises til vejledningen "Ejerforeninger og grundejerforeninger". OBS: Er rollen "Anmoder" ikke underskrevet af ejerforeningen, vil pantedokumentet blive tinglyst med frist til underskrift af de tegningsberettigede for ejerforeningen, eller i henhold til fuldmagt fra ejerforeningen."


    Reference: http://www.tinglysningsretten.dk/tinglysning/faq/servitut/Pa...
Charles Ek
United States
Local time: 08:48
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 8
Notes to answerer
Asker: Thank you so much for answering


Peer comments on this answer (and responses from the answerer)
neutral  Kim Kardasho (X): Are you you sure the asker - who headlines with real estate - is after the US version of a land lien? In E&W, such is not possible but is called a land charge. A lien attaches only to goods, a bank a/c & co. shares https://en.wikipedia.org/wiki/Lien
14 mins
  -> You're right, and I apologize for the error.
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