Comparative law notes
To be completely clear, the suffix "in the land register" may also be added.
There are multiple definitions - click on the translation that matches your context.
- bücherlicher Rang
- Vorrang
priority means:
bücherlicher Rang
Substantiv
full
priority
noun
Definitions of priority
having precedence over another
If the borrower defaults on the loan, the holder of the first charge has priority over the holder of the second charge on selling the property to discharge its debt.