FINANCE|financial institutions and credit|credit · SOCIAL QUESTIONS|construction and town planning|housing
- athshealbhú Reference Faomhadh an téarma seo mar chuid de Thionscadal Lex
- ga
- Zwangsvollstreckung
- de
- Definition Durchsetzung eines zivilrechtlichen Anspruchs durch staatliche Gewalt Reference "Juraforum http://www.juraforum.de/lexikon/zwangsvollstreckung [7.10.14]"
- foreclosure | repossession | mortgage repossession | mortgage possession
- en
- Definition process whereby the mortgage lender takes the property back from the borrower when the borrower fails to meet the terms of the mortgage Reference "Council-EN, based on the UK Department for Communities and Local Government's Live tables on repossession activity, Notes and definitions for repossession activity https://www.gov.uk/government/statistical-data-sets/live-tables-on-repossession-activity [7.11.2013]"
- Comment "The European Commission uses 'foreclosure' where UK usage is 'repossession'. In the UK, repossession is the usual procedure and, strictly speaking, the two are different. While in the case of repossession, the mortgagor is entitled to any surplus from sale of the property once the debt has been paid, in the case of foreclosure [ IATE:82786 ] he or she is not entitled to the surplus.In the United States, 'foreclosure' is the most frequently used term.See also:- IATE:3552011 for 'foreclosure' in the context of accounts,- IATE:1664449 for 'foreclosure' within the broader meaning of transferring real property to satisfy unpaid debts,- IATE:3515848 for 'repossession' within the broader meaning of taking back any object used as collateral in a loan contract."
- saisie | saisie-exécution
- fr
- Definition procédure par laquelle le créancier hypothécaire (agence de crédit immobilier) reprend le bien à l'emprunteur, lorsque celui-ci n'a pas fait face à ses obligations au titre d'un contrat de prêt hypothécaire. Reference Conseil-FR sur base EN