Glossary entry

Dutch term or phrase:

royement om niet

English translation:

cancellation for no consideration

Added to glossary by Chris Walker
Dec 21, 2009 10:31
14 yrs ago
2 viewers *
Dutch term

royement om niet

Dutch to English Bus/Financial Law (general)
Seems to be a kind of mortgage cancellation.

Several google refs.

Just to be sure, my translation is in the following context.
See 4.7 in this ref: http://docs.google.com/viewer?a=v&q=cache:dS4yFRZRygYJ:www.e..."royement+om+niet"&hl=en&sig=AHIEtbStla2FCb48mD961YyYZwTRJBRVrQ

Thanks!
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Non-PRO (1): writeaway

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Proposed translations

+1
41 mins
Selected

cancellation for no consideration

or
'cancellation for no value'
or perhaps
'gratuitous cancellation'

Ref. Jur.Lex
Peer comment(s):

agree philgoddard : Thanks!
3019 days
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4 KudoZ points awarded for this answer. Comment: "Thanks!"
1 day 12 hrs

discharge of mortgage charge (no fee payable)

This is UK terminology, see http://www.landreg.gov.uk/online/feecalc/
Royement is the process by which the mortgage registered with the land registry is made undone, e.g. when the mortgage is paid off and the lender no longer has a claim to the property.
Note from asker:
Thanks Chris, my text was to US English so I went with one of the more generic suggestions above. Thanks for your input however!
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Reference comments

1 hr
Reference:

found in Van Dale, an Nl-En dictionary

royement het
removal
van contract / hypotheek cancellation
van hypotheek ook annulment

als lid expulsion
van advocaat ook disbarment

niet5 (onbepaald voornaamwoord)
nothing
nought
(verouderd of formeel) naught
context
dat is niet meer dan een suggestie
that's nothing more than / that's only a suggestion
voor / om niet
for nothing
gratis ook gratis, free

tevergeefs ook in vain
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