PROPERTY-TIED LOAN title: property-tied loan (FS-CMS) (SAP Library - Glossary)
PROPERTY-TIED LOAN category: Collateral Management System (FS-CMS)
PROPERTY-TIED LOAN explained:
A loan to natural persons, trading partnership firms or legal persons of the private law. If it is secured by the creation, assignment or pledging of encumbrances on landed properties in the Federal Republic of Germany, then the requirements of §§ 11 and 12 section 1 and 2 of the Mortgage Bank Act are fulfilled.
The loan amount may not exceed 60% of the lending value, taking into account rights having an equal or higher ranking in the land register.
Property tied loan is a real property loan with hedging of landed properties in Germany.
More terms such as property-tied loan in Dictionary P.
- Manual Production System (SV-ASA):
- Help A system containing an enterprise's actual business processes, where live production data is recorded. Within the context of Global ASAP, it can also be described as a delivery system property-tied loan definition.
- Manual Payment Recipient (IS-R):
- Help A business partner to which a payment is made property-tied loan explain.
- Manual Processing Medium:
- Help A criteria that facilitates an action. Example The processing medium fax sends an order confirmation property-tied loan what is.
- Manual Post-Flight Inspection:
- Help The part of the inspection of an aircraft that is carried out after depot-level maintenance or first and second level maintenance property-tied loan meaning.
- Manual Partner-Dependent Partner Number:
- Help The number that a business partner uses to identify another business partner or himself property-tied loan abbreviation.
