Glossary entry (derived from question below)
Spanish term or phrase:
a título de transferencia de dominio por beneficio fiduciario
English translation:
as a transfer of title to the Buyer as trust beneficiary
Added to glossary by
camilapedraza
Jan 31, 2013 22:44
11 yrs ago
37 viewers *
Spanish term
Native in: Spanish 
, English
Works in: Spanish to English, English to Spanish, French to Spanish, and 1 more.
a título de transferencia de dominio por beneficio fiduciario
Spanish to English
Law/Patents
Real Estate
Contracts and Agreements
This phrase is part of a draft of a purchase contract written in Colombia. The phrase is included in a bullet list as follows:
"El Vendedor adquirió los Inmuebles que por el presente acto se enajenan de la siguiente manera:
1)....
2) Oficina 401: a título de transferencia de dominio por beneficio fiduciario de la Fiducia XXXXXX. mediante Escritura pública No.XXXXX."
The document has many "a título de" phrases, including "a título de compraventa", "a titulo de dación en pago".
I imagine that "transferencia de dominio" is transfer of ownership, but I have no idea what a transfer of ownership for "beneficio fiduciario" means. Has anybody seen this before? Do you know what it means or the equivalent in english? Thank you!
"El Vendedor adquirió los Inmuebles que por el presente acto se enajenan de la siguiente manera:
1)....
2) Oficina 401: a título de transferencia de dominio por beneficio fiduciario de la Fiducia XXXXXX. mediante Escritura pública No.XXXXX."
The document has many "a título de" phrases, including "a título de compraventa", "a titulo de dación en pago".
I imagine that "transferencia de dominio" is transfer of ownership, but I have no idea what a transfer of ownership for "beneficio fiduciario" means. Has anybody seen this before? Do you know what it means or the equivalent in english? Thank you!
Proposed translations
(English)
Proposed translations
+2
18 mins
Selected
as a transfer of title to the benefit of the trust
"a título de" = "as"
"transferencia de dominio" = "transfer of title"
"por beneficio fiduciario" = "for the benefit of [a / the] trust"
"transferencia de dominio" = "transfer of title"
"por beneficio fiduciario" = "for the benefit of [a / the] trust"
Note from asker:
| @Steven Thank you for your help @Tom Thumb I agree with the double-up issue. @Billh I think you might be right. Unfortunately, there is not much context. It is a long contract, but in specific regards to the way the properties are alienated there is only this. I provided what was useful. The phrase starts and begins as stated, and then continues on to the way other properties are being alienated (none of which are alienated from the same Trust, or by the same way. |
2 KudoZ points awarded for this answer.
Comment: "Thank you for your help. I was able to get help fro a lawyer who clearly explained the process and we came up with this:
"as a transfer of title to the Buyer as trust beneficiary""
19 hrs
as/by way of ownership transfer through (the benefit of) a Trust
Sugerencia adicional.
¡Suerte!
¡Suerte!
23 hrs
by way of transfer of ownership of beneficial interest (under the XXX Trust)
See, eg,
http://www.google.es/url?sa=t&rct=j&q=&esrc=s&source=web&cd=...
"CONDICIONES DE TRANSFERENCIA: Son los requisitos que se establecen en la cláusula XXXX, necesarios para llevar a cabo la transferencia al BENEFICIARIO DE AREA a título de beneficio fiduciario, la unidad inmobiliaria respecto de la cual adquirió el beneficio."
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Note added at 23 hrs (2013-02-01 22:31:55 GMT)
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This is how I would phrase it.
http://www.google.es/url?sa=t&rct=j&q=&esrc=s&source=web&cd=...
"CONDICIONES DE TRANSFERENCIA: Son los requisitos que se establecen en la cláusula XXXX, necesarios para llevar a cabo la transferencia al BENEFICIARIO DE AREA a título de beneficio fiduciario, la unidad inmobiliaria respecto de la cual adquirió el beneficio."
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Note added at 23 hrs (2013-02-01 22:31:55 GMT)
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This is how I would phrase it.
Peer comment(s):
| neutral |
Adrian MM. (X)
: I don't see how the title can be transferred by way of the beneficial interest. In EN law, if the legal estate is held or owned by X, the beneficial interest to enjoy the property is held (quaere owned) by Y and can be assigned separately from the title.
1 day 18 hrs
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