Grundschuld

land charge

noun GROONT-shoolt Rare

Also means

mortgage charge

Usage Note

Grundschuld is a charge secured against a property registered in the Grundbuch. Unlike a Hypothek, it is not automatically linked to a specific debt, making it more flexible for banks. Widely used in German property financing.

Examples

"Die Bank hat eine Grundschuld auf das Haus eintragen lassen."

Natural Translation

The bank has had a land charge registered on the house.

Literal Translation

The bank has a land-charge on the house enter let.

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