Translation of "foreclosure" into Finnish

ulosotto, ulosmittaus, lunastusoikeuden menetetyksi julistaminen are the top translations of "foreclosure" into Finnish.

foreclosure noun grammar

(law) the proceeding, by a creditor, to regain property or other collateral following a default on mortgage payments [..]

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English-Finnish dictionary

  • ulosotto

    noun

    (legal) the proceeding, by a creditor, to regain property or other collateral following a default on mortgage payments

    Well, our records indicate that you made a sizable payment to your bank to prevent foreclosure.

    Tiedoissamme on, että teit - suuren maksun pankille estääksesi ulosoton.

  • ulosmittaus

    noun

    (legal) the proceeding, by a creditor, to regain property or other collateral following a default on mortgage payments

    At present the Netherlands has one of the lowest foreclosure and loss rates in Europe’.

    Alankomaiden ulosmittaus- ja luottotappioaste on nykyisellään yksi Euroopan alhaisimmista.”

  • lunastusoikeuden menetetyksi julistaminen

    noun

    To shut out, to bar, to destroy an equity of redemption. A termination of all rights of the mortgagor or his grantee in the property covered by the mortgage. The process by which a mortgagor of real or personal property, or other owner of property subject to a lien, is deprived of his interest therein. Procedure by which mortgaged property is sold on default of mortgagor in satisfaction of mortgage debt. In common usage, refers to enforcement of lien, trust deed, or mortgage in any method provided by law. (Source: WESTS)

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