RELEASE OF SECURITY

Spanish translation: Liberación de garantía

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:RELEASE OF SECURITY
Spanish translation:Liberación de garantía
Entered by: Claudia Rodríguez Aguilera

16:25 Jan 28, 2020
English to Spanish translations [PRO]
Bus/Financial - Law: Contract(s)
English term or phrase: RELEASE OF SECURITY
En una cláusula de un CONTRATO DE CESIÓN DE CRÉDITO EN CONCEPTO DE ALQUILERES (SECURITY ASSIGNMENT OF RENTAL RECEIVABLES) aparece "RELEASE OF SECURITY" como título.

El texto de esta cláusula es el siguiente:
After the Secured Obligations have been satisfied in full, the Assignee shall reassign the Claims to the Asssignor and shall, in case of realisation pursuant to Clause 15 hereof, surrender to the Assignor any excess proceeds arising from the realisation in accordance with the Finance Documents. However, the Assignee shall transfer the Claims to a third party if legally obliged to do so. In addition, security rights created hereunder may also pass to another party by operation of law.

¿Tal vez garantías de liquidación?
Claudia Rodríguez Aguilera
Spain
Local time: 12:56
Liberación de garantía
Explanation:
Yo diría.
Selected response from:

Juan Gerardo Barrera Covarrubias (X)
Mexico
Local time: 05:56
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2Liberación de garantía
Juan Gerardo Barrera Covarrubias (X)
3levantamiento de garantía prendaria
Adrian MM.


  

Answers


3 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
Liberación de garantía


Explanation:
Yo diría.

Juan Gerardo Barrera Covarrubias (X)
Mexico
Local time: 05:56
Native speaker of: Native in SpanishSpanish
PRO pts in category: 8

Peer comments on this answer (and responses from the answerer)
agree  Sandra García Alonso
13 mins

agree  Felipe Valle
49 mins
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2 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
release of security
levantamiento de garantía prendaria


Explanation:
SECURITY ASSIGNMENT OF RENTAL RECEIVABLES:. Cesión en garantía prendaria de alquileres por cobrar

Example sentence(s):
  • garantía prendaria. ¿Qué es un crédito con garantía prendaria? Es el préstamo que se te concede dejando como ‘aval’ un bien de tu propiedad, el cual queda en manos del prestamista o acreedor, durante un plazo determinado, a manera de garantía
  • Palabras clave: Cesión de créditos, cesión de créditos en garantía, ley de garantías mobiliarias. Assignment of credits, collateral assignment, law on secured transactions.

    Reference: http://eng.proz.com/kudoz/spanish-to-english/finance-general...
    Reference: http://coru.com/blog/prestamos/saca-tu-primer-prestamo/que-s...
Adrian MM.
Austria
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 39
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