Glossary entry

French term or phrase:

séquestre

English translation:

sequestrator

Added to glossary by Florence Evans
Jul 11, 2004 10:58
20 yrs ago
48 viewers *
French term

séquestre

French to English Bus/Financial Real Estate Contract
Mission du Séquestre.
Séquestre: L'acquéreur effectue à l'instant ce dépôt entre les mains de .......
Si l'agent immobilier est le séquestre......

Quel terme convient le mieux:
Receiver, depository?
Merci de votre aide.

Proposed translations

+3
3 mins
French term (edited): s�questre
Selected

sequestrator

Seq´ues`tra`tor
n. 1. (Law) One who sequesters property, or takes the possession of it for a time, to satisfy a demand out of its rents or profits.

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Note added at 3 mins (2004-07-11 11:02:00 GMT)
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http://www.thefreedictionary.com/Sequestrator

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Note added at 5 mins (2004-07-11 11:04:03 GMT)
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SEQUESTRATOR.

One to whom a sequestration is made. 2. A depositary of this kind cannot exonerate himself from the care of the thing sequestered in his hands, unless for some cause rendering it indispensable that he should resign his trust. Louis. Code, art. 2947. See Stakeholder. Sequestrators are also officers appointed by a court of chancery, and named in a writ of sequestration. As to their powers and duties, see 2 Madd. Ch. Pr. 205, 6; Blake\'s Ch. Pr. 103; Newl. Ch. Pr. 18, 19; 1 Harr. Ch. 191.
http://www.legallawterms.com/Legal.asp-Definition-SEQUESTRAT...



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Note added at 14 mins (2004-07-11 11:13:34 GMT)
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initial ref: Larousse
Peer comment(s):

agree Vicky Papaprodromou
45 mins
agree Nanny Wintjens
1 hr
agree Aisha Maniar
2 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Merci."
13 mins
French term (edited): s�questre

trustee, fiduciary

...
Something went wrong...
4 hrs

escrow agent

Normally nothing to do with escroc!!!

Séquestre - Personne désignée par justice ou par des particuliers pour assurer la conservation d'un bien qui est l'objet d'un procès ou d'une voie d'exécution
[Lexique, Terms juridiques, Dalloz]

escrow - a written agreement such as a constract, deed, or bond that has been formally delivered by one of the parties to an independent person to be held in trust and to be delivered to the other party only when he has performed some stated duty, such as payment of a sum of money ...
[Longman Dict. of Business English]

ESCROW AGENT, HSBC's Corporate Trust and Loan Agency provides Escrow Agency services in a variety of situations. In most cases, we ...
www.cibm.hsbc.com/hsbc/home/our-solutions/ hsbc-securities-services/corporate-trust-loan-agency/escrow-agent

ESCROW AGENT - In some states, this person conducts real estate closings and collects the money due the parties
[http://www.lectlaw.com/def/e035.htm]

escrow agent n. a person or entity holding documents and funds in a transfer of real property, acting for both parties pursuant to instructions. ...
dictionary.law.com/definition2. asp?selected=657&bold=%7C%7C%7C%7C

Escrow Agent. UMB serves as an independent third-party to hold monies and/or other properties in situations where an independent third-party is needed. Services. ...
www.umb.com/business/corptrust/escrow.html

Full details on "mission du séquestre" !!!
Responsibilities of Escrow Agent

The Escrow Agent’s responsibilities shall be as follows:

a. To enter into future agreements with the Custodians (the “Custodian Agreements”), which provide that the Custodians shall hold certified good delivery gold, silver, platinum, and palladium bullion bars in allocated and insured storage.
b. To review periodic reports from Custodians to assure the Custodians meet their obligations under the Custodian Agreements, including the obligation to hold certified good delivery gold, silver, platinum, and palladium bullion bars in allocated and insured storage with specific serial number identification for each of the bars.
c. To engage independent auditors to verify the total amount of Property held by the Custodians under the Custodian Agreements and to issue periodic reports based on the results of such verfications.
d. To authorize disposition of Property from one or more of the Custodians with the dual signature of the Escrow Agent and e-gold.
e. To safeguard the “private key” and “digital signature” of the Escrow Agent which are used to provide secure instructions to the Custodians regarding disposition of the Property and to prevent the loss or misuse of the “private key” and “digital signature” of the Escrow Agent once this system is put in place and adopted by all parties involved
[http://www.e-gold.com/contracts/egold-bbsc.3.htm]

Peer comment(s):

neutral Mpoma : OK for US
4012 days
Something went wrong...
1720 days

crook

;-)
Something went wrong...
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