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11:34 Mar 15, 2014 |
Czech to English translations [PRO] Law/Patents - Law: Contract(s) | |||||||
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| Selected response from: Hannah Geiger (X) United States Local time: 03:57 | ||||||
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Summary of answers provided | ||||
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4 +1 | right to life tenancy |
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4 | life estate |
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3 | an apartment with guaranteed lifetime rent |
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Summary of reference entries provided | |||
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gift with reservation of benefit |
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Discussion entries: 16 | |
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life estate Explanation: " is right to use and occupy the property for the duration of the lifetime of the life estate holder" http://definitions.uslegal.com/l/life-estate/ |
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an apartment with guaranteed lifetime rent Explanation: třeba... -------------------------------------------------- Note added at 2 hrs (2014-03-15 13:43:38 GMT) -------------------------------------------------- možná bych to ve světle dodatečných informací přeformuloval na "apartment with lifetime rent guaranteed by easement" |
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right to life tenancy Explanation: A life tenant is an individual who owns a life estate in a piece of property. On a day-to-day basis, a life tenant is no different from any other homeowner, but the ownership has already been transferred to someone else, known in law as the "remainderman." At the death of the life tenant, the remainderman takes possession. http://homeguides.sfgate.com/life-tenant-rights-8078.html -------------------------------------------------- Note added at 3 days8 hrs (2014-03-18 20:23:55 GMT) Post-grading -------------------------------------------------- You are welcome, Jana, thanks. |
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3 hrs |
Reference: gift with reservation of benefit Reference information: “If you give your home to your children with conditions attached to it, or if you continue to benefit from the home yourself, this is known as a 'gift with reservation of benefit' and the gift won't be exempt from Inheritance Tax, even if you live for seven years afterwards.” “You can continue to live in your home as your primary residence after giving it away, provided you pay a market rent to the new owner. Bear in mind that the new owner may have to pay Income Tax on the rent you pay them.” http://www.hmrc.gov.uk/inheritancetax/pass-money-property/pa... -------------------------------------------------- Note added at 3 hrs (2014-03-15 14:54:14 GMT) -------------------------------------------------- http://books.google.cz/books?id=wOMdIX7VzfUC&pg=PA109&lpg=PA... |
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