GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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16:18 May 28, 2013 |
English to Hungarian translations [PRO] Bus/Financial - Real Estate | |||||||
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| Selected response from: JANOS SAMU United States Local time: 23:05 | ||||||
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Summary of answers provided | ||||
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5 +1 | elsőbbségi bejegyzés |
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4 +1 | széljegy |
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Discussion entries: 2 | |
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priority notice széljegy Explanation: földhivatal esetében (ami tulajdonképpen "előzetes bejegyzés") Reference: http://www.dict.cc/english-german/priority+notice.html |
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priority notice elsőbbségi bejegyzés Explanation: Földtulajdon esetében használják tulajdonjog elsőbbséggel történő bejegyzésének biztosítására abban az esetben, amikor várhatóan többen is pályáznak a földtulajdonra, de a jelzálogkölcsön még nincs biztosítva. Magyarországi viszonylatban ez nem létezik. Itt a részletes leírás, hogyan működik a dolog: Application for registration of a priority notice must be made using form K6. Any person intending to make an application for the registration of any contemplated charge, instrument or other matter may give a priority notice in the prescribed form at least fifteen working days before the registration is to take effect. The priority notice is entered in the register to which the intended application, when made, will relate. If the application is then presented within thirty working days of the registration of the priority notice and refers in the prescribed manner to the notice, the registration shall take effect as if the registration had been made at the time when the charge, instrument or matter was created, entered into, made or arose. Consider the following situation: A takes a mortgage without the title deeds on 1 May, B takes a mortgage without the title deeds on 10 May, A registers on 11 May, B registers on 20 May, C takes a mortgage without the deeds on 30 May and registers. The order in which the parties rank, whether their mortgages are legal or equitable, is B-A-C. This is because A's mortgage, though created before B's was created, and registered before B's was registered, was, nevertheless, not registered upon completion of B's mortgage. It is therefore void under s.4(5), LCA 1972 against B. It is not void against C because its registration was effected before completion of C's mortgage on 30 May. However if you act for lender A and you anticipate that another mortgage will be completed shortly you may preserve your client's priority by registering a priority notice. For example you apply for a priority notice on 9 April. You take the mortgage on 1 May as above. The second mortgage to B completes on 10 May and you apply for registration of a C(i) land charge on 11 May, referring in the prescribed manner to the priority notice. The registration takes effect as at 1 May. The order in which the parties rank, whether their mortgages are legal or equitable, is then A-B-C. Particulars of the register to which the intended application for registration will relate must be given together, if the intended registration is a land charge, with the class and sub-class. Where an application for registration is made pursuant to a priority notice, it must refer to that notice by citing the official reference number that has been allocated to it (r.7, LCR 1974). Reference: http://www.landregistry.gov.uk/professional/guides/practice-... |
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