Glossary entry (derived from question below)
Danish term or phrase:
Berigtigende advokat
English translation:
settlement lawyer
Added to glossary by
rajagopalan sampatkumar
Apr 24, 2013 17:49
11 yrs ago
3 viewers *
Danish term
Berigtigende advokat
Danish to English
Law/Patents
Law: Contract(s)
Law
Berigtigende advokat er bemyndiget og forpligtet til at udbetale / frigive disse omkostninger, jf. i øvrigt frigivelsesbestemmelserne
In this case - an attorney who takes care of the proceeds/purchase amount from a sale of real estate until the deed is issued
In this case - an attorney who takes care of the proceeds/purchase amount from a sale of real estate until the deed is issued
Proposed translations
(English)
3 | settlement lawyer | rajagopalan sampatkumar |
3 | lawyer acting as stakeholder (at conveyancing completion) | Adrian MM. (X) |
Change log
Apr 26, 2013 14:36: rajagopalan sampatkumar Created KOG entry
Proposed translations
10 hrs
Selected
settlement lawyer
Settlement lawyer in a property transaction, is involved in drafting of the Conveyance in accordance with the agreement concluded between the vendor and the purchaser as well as of a Money Purchase Mortgage, stamping and application for registration of Conveyance and Mortgage, preparation of Completion Statement, assumption fire insurance policy and any mortgage debt remaining outstanding. (Gyldendals Dansk Engelsk Juridisk Ordbog, 2. Udgave, Copenhagen, 2006)
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21 hrs
lawyer acting as stakeholder (at conveyancing completion)
Conveyancer in the UK inlcudes a Lawyer/solicitor as well as a Licensed Conveyancer as a non-lawyer.
(BE) stakeholder/(AE) escrow-holder holds money for one or both sides. Escrow in BE is documents and deeds only.
(BE) stakeholder/(AE) escrow-holder holds money for one or both sides. Escrow in BE is documents and deeds only.
Example sentence:
Whether a solicitor can charge for acting as a stakeholder will depend upon the circumstances
Once the negotiations are complete, and with your input, your solicitor will negotiate a completion date with the seller\'s conveyancing solicitor.
Reference:
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