GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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13:07 Mar 29, 2010 |
Italian to English translations [PRO] Bus/Financial - Real Estate | |||||||
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| Selected response from: Adrian MM. (X) Local time: 22:35 | ||||||
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Summary of answers provided | ||||
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3 | party enjoying the benefit (chargee) or subject to the burden (chargor) |
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party enjoying the benefit (chargee) or subject to the burden (chargor) Explanation: Depends what kind of charge the gravame is, such as a mortgage or general encumbrance. Note that the chargee as of a mortgage, namely the bank or building society etc. in the UK, goes down at the Land Registry as the 'proprietor of the charge'. Reference: http://www1.landregistry.gov.uk/assets/library/flash/Form_M.... |
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