Translation of "preklusion" into English

foreclosure is the translation of "preklusion" into English.

preklusion
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Swedish-English dictionary

  • foreclosure

    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)

    Slutligen kommer civilprocesslagen och rättegångsreglerna att ses över för att säkerställa att de reviderade ramarna för preklusion och insolvens fungerar smidigt och effektivt.

    Finally, the Civil Procedure Code and Court Rules will be reviewed to ensure a smooth and effective functioning of the revised foreclosure and insolvency frameworks.

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