German term
Steffin Language Solutions
Native in: English
Works in: French to English, German to English, Portuguese to English, and 1 more.
Nachgangserklärung
| 5 +1 | Deed of Postponement |
Andrea Van Geffen Matthews, MCIL
|
| 3 | (banking) subordination agreement; (land reg.) notice postponing priority |
Adrian MM.
|
Proposed translations
United Kingdom
Andrea Van Geffen Matthews, MCIL
Lawyer*/Linguist *non-practicing
Native in: English 
Works in: German to English
Deed of Postponement
Deed Of Postponement
A Deed Of Postponement is used when there is a second registered charge on the property, such as a secured loan. The Deed of Postponement is used to ‘postpone’ the 2nd charge, meaning the new charge (the mortgage you are in the process of setting up) has priority and will become first charge registered at Land Registry and the second charge will remain as it is – a second charge.
Another option "Deed of Priority" is synonymous with Deed of Postponement
Austria
Retd.T&I, Barrister & Austro-Advokat
Native in: English (Variants: British, Scottish) 
Works in: Spanish to English, English to Spanish, French to English, and 5 more.
(banking) subordination agreement; (land reg.) notice postponing priority
A subordination agreement is a legal document used to make the claim of one party junior to (or inferior to) a claim in favor of another.
UK Land Registry: a notice will only ensure that the priority of the interest protected will not be automatically postponed on the registration of a subsequent registrable disposition for value, if the interest is valid.
Reference comments
Germany
Top-Notch Service | Direct Clients Only
Native in: German (Variant: Germany)
Works in: English to German, German to English, French to German, and 1 more.
Nachgangserklärung = Rangrücktrittserklärung
See https://www.jgk.be.ch/jgk/de/index/direktion/organisation/gb...
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Note added at 10 mins (2019-11-08 12:31:28 GMT)
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See also
https://www.proz.com/kudoz/german-to-english/real-estate/822...
https://www.proz.com/kudoz/german-to-english/law-contracts/1...
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