consolidação de imóvel fiduciário

English translation: consolidation of fiduciary property, consolidation of property under fiduciary agreement

03:57 Dec 21, 2023
Portuguese to English translations [PRO]
Law/Patents - Finance (general) / housing loan security
Portuguese term or phrase: consolidação de imóvel fiduciário
Termo usado em um contrato de financiamento com garantia de alienação fiduciária de imóvel e outras avenças. Exemplo: consolidação de propriedade fiduciária em favor do credor: a consolidação ocorre quando houver inadimplemento da obrigação principal garantida pela alienação fiduciária.

Definição: A consolidação da propriedade é o processo através do qual o credor retoma definitivamente o imóvel. Em outras palavras, o credor-fiduciário (Banco) se torna o único, irrevogável, inalterável, definitivo e PLENO PROPRIETÁRIO DO IMÓVEL.
robson souza
Local time: 03:10
English translation:consolidation of fiduciary property, consolidation of property under fiduciary agreement
Explanation:
A expressão "consolidação de imóvel fiduciário" pode ser traduzida para o inglês como "consolidation of fiduciary property" ou "consolidation of property under fiduciary agreement." Aqui está a tradução no contexto fornecido:

"The consolidation of fiduciary property is the process by which the lender definitively takes possession of the property. In other words, the fiduciary lender (bank) becomes the sole, irrevocable, unalterable, definitive, and FULL OWNER OF THE PROPERTY when there is a default on the main obligation secured by the fiduciary alienation."
Selected response from:

Carolina Falcao
Brazil
Local time: 03:10
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +1reinstament of ownership over trust property
Oliver Simões
4consolidation of fiduciary property, consolidation of property under fiduciary agreement
Carolina Falcao
3consolidation of fiduciary ownership/property
Bartosz Pelka
3consolidation of settled land; crystallis/zation of trust property debt in a creditor's favo(u)r
Adrian MM.


  

Answers


2 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
consolidation of fiduciary ownership/property


Explanation:
It seems it's consolidation of fiduciary ownership/property even though direct translations are nowhere to be found


    https://www.linguee.com.br/portugues-ingles/traducao/consolida%C3%A7%C3%A3o+do+im%C3%B3vel.html
    https://www.linguee.com.br/portugues-ingles/search?query=propriedade+fiduci%C3%A1ria&source=auto
Bartosz Pelka
Poland
Local time: 08:10
Works in field
Native speaker of: Native in PolishPolish
PRO pts in category: 4
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4 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
consolidation of settled land; crystallis/zation of trust property debt in a creditor's favo(u)r


Explanation:
Land in English law includes buildings: real property / (AmE) real estate.

Here there seems to be a trust as a species of 'non-family' settlement in a creditor's favour.

'...a consolidação ocorre quando houver inadimplemento da obrigação principal..' cf. 'crystallization as the process by which a floating charge converts into a fixed charge' and 'debt consolidation in taking out a new loan or credit card to pay off other existing loans or credit cards.'

PLENO PROPRIETÁRIO DO IMÓVEL : freehold ('fee simple absolute in possession') title; probate & succession > vesting of title absolutely to land.

PS avença negativa is called a 'negative pledge' rather than negative covenant: '... prohibits a party to the contract from creating any security interests over certain property...'

Example sentence(s):
  • A propriedade fiduciária de base romanística e o trust inglês UNI7 https://periodicos.uni7.edu.br › download PDF A consolidação da posição do beneficiary ocorreu com a promulgação do Feoffments to Uses Act 1483
  • A Trust of Land is land that is held by a legal owner, or owners, on trust for one or more beneficial owners.

    Reference: http://www.taxinsider.co.uk/which-trust-to-use-discretionary...
    Reference: http://www.proz.com/personal-glossaries/entry/5653192-avença...
Adrian MM.
Austria
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 24
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10 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
reinstament of ownership over trust property


Explanation:
Baseado no contexto/na explicação, penso que seja o mesmo que "reintegração de posse" (reinstament of ownership).

reinstate: : to place again (as in possession or in a former position) (Merriam-Webster); to bring back into use or existence (Dictionary.com).

O exemplo abaixo tem a ver com seguro e versa sobre a garantia de reintegração do imóvel em casos específicos:

"Discover the reinstatement guarantee (only for Premium)

Cover is provided for reinstatement of property in case of one of the below accidental
event.
If the property is damaged following one of the causes below we will pay you the
amount of damage, reinstatement or cleaning of the property:
• Moths, vermin or insects
• Chewing, scratching, tearing or fouling by domestic pets if they are not
allowed in the tenancy agreement
• Removal of debris, trash and dropped belongings (tenant’s contents only)
• Crime scene
• Suicide or suicide attempt
• Death
https://assets.qover.me/documents/products/key-facts-Immoweb...

trust: (s.) fidúcia; (adj.) fiduciário
https://en.wikipedia.org/wiki/Trust_(law)
https://pt.wikipedia.org/wiki/Fidúcia

imóvel fiduciário: trust property
https://translate.google.com/?sl=pt&tl=en&text=imóvel fiduci...

O dicionário do Marcílio Moreira de Castro apresenta quatro traduções para o termo "consolidação", mas nenhuma delas se aplica ao atual contexto.

Exemplos com "reinstament of ownership over": https://www.google.com/search?q="reinstatement of ownership ...

Oliver Simões
United States
Local time: 23:10
Works in field
Native speaker of: Native in PortuguesePortuguese
PRO pts in category: 62

Peer comments on this answer (and responses from the answerer)
agree  Andrew Bramhall
5 hrs
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20 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
consolidation of fiduciary property, consolidation of property under fiduciary agreement


Explanation:
A expressão "consolidação de imóvel fiduciário" pode ser traduzida para o inglês como "consolidation of fiduciary property" ou "consolidation of property under fiduciary agreement." Aqui está a tradução no contexto fornecido:

"The consolidation of fiduciary property is the process by which the lender definitively takes possession of the property. In other words, the fiduciary lender (bank) becomes the sole, irrevocable, unalterable, definitive, and FULL OWNER OF THE PROPERTY when there is a default on the main obligation secured by the fiduciary alienation."

Carolina Falcao
Brazil
Local time: 03:10
Native speaker of: Portuguese
PRO pts in category: 4
Login to enter a peer comment (or grade)



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