First, there must be a space between ２番 and 始期... no? there should be...

２番 usually means 'the second incident' happened to the property. *esp if　１番、３番 etc exists around it.

First incident is the older/oldest transaction, took place and recorded in the document. (Needless to say. 登記 a transaction record doc...) 2nd happened after 1st. And 3rd is more recent, etc.

It's all in Japanese but as a reference:
http://www.f-touki.com/005/ent15.html

So it means, 始期... took place as the second transaction and it is recorded as such.

抹消 could be deletion or cancellation and the rest is:

provisional registration of/for
(expected/possible) transfer of
property rights (or ownership)
with the set/expected (starting/beginning) date

Someone had the right of obtaining (getting transfer) of the ownership of the property with some ideas about the date of when that would/could start.

And it was recorded in the 登記 doc as the second transaction took place regarding that property. And it was canceled - or deleted.



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Note added at 10時間 (2009-11-10 20:01:39 GMT)
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Cancellation of provisional registration of expected transfer of ownership with the expected starting date

Proz's form's title space was too short for this long one. Above is the full version of it.

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Note added at 15時間 (2009-11-11 01:45:37 GMT)
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Alright I forgot to include ２番、so

Second transaction (:) Cancellation of provisional registration of the expected transfer of the ownership with an expected starting date.

Trim it please. I'm not native in English.