Oct 24, 2004 13:41
19 yrs ago
4 viewers *
Dutch term

kwaliteitsrekening

Dutch to English Law/Patents Real Estate
speciale rekening waarover een notaris het beheer houdt totdat tot uitkering kan worden gekomen aan een partij. Hier betreft het een onroerende zaak.
Proposed translations (English)
3 +1 a kind of trust account

Proposed translations

+1
21 mins
Selected

a kind of trust account

Dutch (Dunglish) sites refer to it as a 'quality account' but I think that is relatively meaningless in English and misleading in this context.

[PDF] QK183 Article five.qxd
File Format: PDF/Adobe Acrobat
... As a matter of good practice, funds might be disbursed through a designated account (kwaliteitsrekening) held by the Notary on behalf of both Mortgagor and ...
www.traverssmith.com/travers-pdfs/ Article%20five%20AXS.pdf

[PDF] ERPL_11_2.qxd
File Format: PDF/Adobe Acrobat
... As with Brumark, it is nevertheless advisable that the proceeds of the debts would be paid into a trust account (“kwaliteitsrekening”). ...
www.ingenta.com/isis/searching/Expand/ingenta?pub=infobike:... /kli/erpl/2003/00000011/00000002/02003013

Peer comment(s):

agree KimvanLent
17 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "thank you so much. I will opt for "designated account" as in this context it seems to be the most appropriate term. "
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