Glossary entry

Italian term or phrase:

ipocatastali

English translation:

mortgage surveys

Added to glossary by Umberto Cassano
Jun 7, 2007 07:18
17 yrs ago
25 viewers *
Italian term

ipocastali

Italian to English Law/Patents Real Estate
in the sense of visura ipocastali
Change log

Jun 21, 2007 14:36: Umberto Cassano Created KOG entry

Discussion

Umberto Cassano Jun 7, 2007:
Typo! "Ipocastale" does not make sense, "Ipocatastale" is the term in your text.

Proposed translations

+2
1 hr
Italian term (edited): ipocatastali
Selected

mortgage surveys

The visura ipotecaria (mortgage survey), similar to the visura catastale, is a search carried out on the mortgage register to check that the property is unencumbered by a previous mortgage.

http://www.theromanforum.com/articolo.asp?ID=140


The "visure ipocatastali" refer to land registry searches to determine the existence of mortgages or other encumbrances.

HTH
Peer comment(s):

agree James (Jim) Davis : The typo looks like a horse chestnut!
2 mins
Leaving the prefix it makes me think of the CASTALIAN SPRING :-)
agree carla melis : scusa Umberto, la tua risposta è apparsa quando ho inviato la mia! Succede spesso, immagino sia dovuto ai tempi di 'attesa' del sistema, o no? Buon lavoro!
9 mins
Non scusarti per così poco, accade molto spesso...non ti preoccupare ! Ciao
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4 KudoZ points awarded for this answer. Comment: "Selected automatically based on peer agreement."
1 hr
Italian term (edited): ipocastali --> ipocaTAstali

mortgage register searches

visura ipocatastale, o visura ipotecaria

check
http://www.proz.com/kudoz/850587

carla
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2 days 8 hrs

title search

From wikipedia (and standard practice here)

A title search is an action taken prior to the sale of real property to determine whether there are any liens or other encumbrances on the property which might prevent or delay the sale of the property.

Generally, the search is performed to determine if;
1) the seller has a saleable interest in the property; and
2) any liens exist on the property which need to be paid off at closing (mortgages, back taxes, mechanic's liens, or other assessments). A title report also shows any easements, or recorded legal rights to the property or portions of the property. For example, a previous owner may have legally given a neighbor the right to share the driveway, or the city may have a right to strips of the property for putting power or communication lines or water or sewer pipes

In the USA, the buyer of a property will usually purchase title insurance, which protects the buyer from any title problems that may arise after sale (such as liens that were missed during the search).

A title search is also performed when an owner of a certain real property wishes to mortgage his property and the bank requires him to insure their transaction.

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