opptrinnsrett
English translation: right of advancement
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| 20:19 Mar 2, 2008 |
| Norwegian to English translations [PRO] Law/Patents - Law (general) / lease contract | |||||||
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|  Selected response from: Thomas Deschington (X) Poland Local time: 23:18 | ||||||
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| 4 +1 | right of advancement |
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| 3 +1 | (lease) right to move up in priority; (mortgage) right to tack advances |
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Answers
10 mins confidence: 
peer agreement (net): +1
peer agreement (net): +1right of advancement Explanation: According to Cappelen's Juridisk ordbok |
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21 hrs confidence: peer agreement (net): +1
peer agreement (net): +1(lease) right to move up in priority; (mortgage) right to tack advances Explanation: Tacking: a mortgagee/mortgage lender can add together advances on the *same* property and move up the queue of creditors. Consolidation: a mortgagee with mortgages regd. on *different* mortgagor/borrower properties can pool them and demand simultaneous pay-off. Example sentence(s):
Reference: http://folk.uio.no/erikro/WWW/disposisjoner/tredjemannsvern/... Reference: http://en.wikipedia.org/wiki/Tacking_(law) |
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