Glossary entry

German term or phrase:

Übertragung durch Zeichen

English translation:

transfer of possession by public notice

Added to glossary by Dagmar Jenner
Mar 22, 2005 18:17
19 yrs ago
German term

Übertragung durch Zeichen

German to English Bus/Financial Finance (general) Pfandrecht
Bitte um Hilfe bei oben stehendem Wort. Es geht um Verpfändung. Hier ein wenig Kontext:

"Übertragung durch Zeichen"
Diese darf nur bei Gegenständen, bei denen eine tatsächliche Übergabe des Gegenstandes an den Pfandgläubiger aufgrund seiner tatsächlichen Ausgestaltung untunlich im Sinne des Gesetzes (z.B. Flugzeug) ist, vorgenommen werden.

Freue mich über hilfreiche Tipps! Danke im Voraus ;)

Discussion

Non-ProZ.com Mar 24, 2005:
Thank you all! You really helped me out here! I decided to go with Philip's translation - since � 452 [AGBG] is mentioned in my text, this is perfect. I wish I could give points to both of you, but as far as I know, there's no way of doing that :(

Proposed translations

1 hr
German term (edited): �bertragung durch Zeichen
Selected

transfer of possession by public notice

§ 452 [AGBG]. Bei Verpfändung derjenigen beweglichen Sachen, welche keine körperliche Übergabe von Hand zu Hand zulassen, muß man sich, wie bei der Übertragung des Eigentumes (§ 427), solcher Zeichen bedienen, woraus jedermann die Verpfändung leicht erfahren kann.

An act that puts the public on notice.

Only Besitz gets transferred to create the security interest or lien.

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Note added at 2 hrs 4 mins (2005-03-22 20:22:00 GMT)
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The \"mittelbarer Besitz\" is transferred of course. But that will be enough if accompanied by an act that is public in such as a way as to constitute notice.
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4 KudoZ points awarded for this answer. Comment: "Thanks a lot, Philip! You made my day ;)"
+1
13 mins
German term (edited): �bertragung durch Zeichen

to levy execution (or attach) by placing a mark

...usually with a sticker showing that the object has a lien on it. Usually (if it isn't as big as an airplane, for example) the object is given over (ownership is transferred) to the lienor (pledgee). I know my explanation isn't differentiated enough, but I just don't have the time right now... ;-)
Peer comment(s):

agree EMatt : Thisis a literal translation, but things are not done that way in the U.S.
9 mins
Yes, I was describing how it is usually done in Germany. Thank you E.Matt. :-)
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