à la sûreté
English translation: providing for a contingent refund guarantee (of security pledge)
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| 01:14 Jun 25, 2007 |
| French to English translations [PRO] Law/Patents - Law: Contract(s) | |||||||
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|  Selected response from: MatthewLaSon Local time: 05:06 | ||||||
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Answers
24 mins confidence: 
with the assurance of its subsequent return Explanation: "Éventuel" = it is possible if certain conditions are met |
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4 hrs confidence:
with the guarantee of its possible refunding to the latter Explanation: sûreté here means guarantee (guaranty in US) rather than certainty |
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5 hrs confidence:
providing for a contingent refund guarantee (of security pledge) Explanation: Hello, The sentence sounds a little awkward at first because "guarantee" and "potential" seem to contradict each other. But, it may be that "éventuelle" is referring to "contingent refund/guarantee" (only if certain conditions are meant). I prefer "refund" to "return" as we are talking about a sum of money. The seller provides for a contingent refund guarantee (acts as security pledge). I hope this helps. Reference: http://financial-dictionary.thefreedictionary.com/Contingent... |
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3734 days confidence:
as security Explanation: "as security for its possible return" Your first thought was correct. I assume "cette somme" is an "indemnité d'immobilisation" ("earnest money"). It's a very simple concept: the promisee pays over this money to show they are "in earnest" about buying the promisor's property. But this money is not paid directly to the promisor as the latter is very likely to be very reluctant about handing it back if something goes wrong with the actions leading up to the completion of the sale. So typically it is kept with a séquestre, sequestrator, usually a notary, often one other than the one having written the promise of sale. There is then *security* for the outcome of this money, whatever that may be according to the rules and circumstances of the situation. |
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