beneficio de división = guarantor's right to obtain a court order thatthe preceedings be brought against all guarantors.

beneficio de excusión = guarantor's right to force a creditor to go against the debtor before the creditor takes action against the guarantor (Thomas West/Dict. of Law and Business)

Division and excussion rights, is probably what you are looking for.

excusión = excussion = embargo de bienes. (Alcaraz-Varo/Hughes)




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Note added at 2002-10-19 21:03:04 (GMT)
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Actually it is \"benefits of division and excussion\" PDF]23667 Form PA28
[File Format: PDF/Adobe Acrobat
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... of the benefits of division and excussion, AND to buy or sell movable or immovable
property (including Stands) and also Claims and other Mining Rights of all ...
www.hortors.co.za/products/PA28_Eng.pdf

Whale Rock Robberg Estate
... co-principal debtor as aforesaid under renunciation of the benefits of division and
excussion ... (d) The rights of the Purchaser to nominate a nominee in ...
www.amazingestates.com/whale-rock-developments/ robberg_deed-of-sale.asp