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censos

English translation: secured annuities

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:censos
English translation:secured annuities
Entered by: Taña Dalglish

19:43 Jun 19, 2013
Spanish to English translations [PRO]
Law/Patents - Law (general) / Colombian legal document/property description
Spanish term or phrase: censos
Dear colleagues:

I need some help with "censos".

se obliga a entregarlo libre de pleitos, limitaciones y condiciones resolutorias del dominio, embargos, arrendamientos por escritura pública, anticresis, patrimonio de familia inembargable, afectación a vivienda familiar, ***censos***, hipotecas, y a Paz y Salvo con el Tesoro Municipal por toda clase de impuestos, tasas o contribuciones, salvo las derivadas del régimen de propiedad horizontal bajo el cual están constituido.


My attempt: US English please:
they are obliged to deliver it free of liens, limitations and any resolutions on ownership, seizures, leases through public deeds, antichresis, unseizable homestead asset, **designation as a family property** (previous question), **census,** mortgages, and Proof of Payment with the Municipal Treasury relating to all types of taxes, fees or contributions, except those deriving from the condominium regime under which it is constituted.

Thank you so much. Taña
Taña Dalglish
Jamaica
Local time: 12:14
secured annuity
Explanation:
This will be sufficient here.

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Note added at 9 mins (2013-06-19 19:52:16 GMT)
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Colombian Law -
Censo
20:43


is an annuity secured on property in Colombia

Por definición, “Se constituye un censo cuando una persona contrae la obligación de pagar a otra un rédito anual, reconociendo el capital correspondiente y gravando una finca suya con la responsabilidad del crédito y del capital.” (Ley 153 de 1887, Artículo 101).
Selected response from:

Billh
Local time: 18:14
Grading comment
Thank you.
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1secured annuity
Billh
4annuities
patinba
3(AE & BE: tithe) land rentcharge
Adrian MM. (X)


Discussion entries: 2





  

Answers


6 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
annuities


Explanation:
Hi Taña! I was going to post this as a ref from the DRAE

7. m. Der. Contrato por el cual se sujeta un inmueble al pago de un canon o pensión anual, bien como interés perpetuo de un capital recibido, bien como reconocimiento de la propiedad cedida inicialmente.

and then I found this in my legal dict:

Censo: Contract whereby an annuity is paid by the owner of a property which has been mortgaged or pledged to secure payments made for money borrowed or property purchased.

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Note added at 7 mins (2013-06-19 19:50:44 GMT)
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and now I see you got there on your own :)

patinba
Argentina
Local time: 14:14
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 1373
Notes to answerer
Asker: No, not quite on my own... LOL! but got it with help from Bill H. Thanks again. Bless you! Un abrazo.

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6 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
secured annuity


Explanation:
This will be sufficient here.

--------------------------------------------------
Note added at 9 mins (2013-06-19 19:52:16 GMT)
--------------------------------------------------

Colombian Law -
Censo
20:43


is an annuity secured on property in Colombia

Por definición, “Se constituye un censo cuando una persona contrae la obligación de pagar a otra un rédito anual, reconociendo el capital correspondiente y gravando una finca suya con la responsabilidad del crédito y del capital.” (Ley 153 de 1887, Artículo 101).

Billh
Local time: 18:14
Native speaker of: Native in EnglishEnglish
PRO pts in category: 1149
Grading comment
Thank you.
Notes to answerer
Asker: Thanks Bill. As always, very appreciate. Whew!!! Many thanks.

Asker: Just made it by the skin of my teeth! Thanks again.


Peer comments on this answer (and responses from the answerer)
agree  Charles Davis: Yes!! I'm always amused to see these things still exist. They were all the rage 500 years ago; I've edited loads of old notarial docs about them. "Censos perpetuos" and "censos al quitar". "Secured" needs to be included.
30 mins
  -> Thanks CD.
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1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5
(Col.) censo
(AE & BE: tithe) land rentcharge


Explanation:
If the asker wants a dictionary-undriven approach closer to actual US/UK practice & need not be a payment under a lease.

der. civ.: ground rent; annuity payment for the use of land: synonym > canon (Tom West III's ES>EN law & business dictionary).

Tithe in the UK & Jamaica: literally, payment of one tenth to the local clergy or government.


Example sentence(s):
  • Ground rent, sometimes known as a rentcharge, is a regular payment made by the owner of a leasehold property to the freeholder, as required under a lease. en.wikipedia.org/wiki/Ground_rent‎
Adrian MM. (X)
Local time: 19:14
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 1292
Notes to answerer
Asker: Thank you Tom. I went with Bill's suggested and merely used "secured annuities" (deleting the reference to property). I was rushing, so just got the document in my the skin of my teeth. Thanks again for your useful contribution.

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