Byt, ve kterém mám právo na dožití

English translation: right to life tenancy

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Czech term or phrase:Byt, ve kterém mám právo na dožití
English translation:right to life tenancy
Entered by: Jana Garnsworthy

11:34 Mar 15, 2014
Czech to English translations [PRO]
Law/Patents - Law: Contract(s)
Czech term or phrase: Byt, ve kterém mám právo na dožití
Dobrý den, lámu si s tím hlavu, jak byste to prosím formulovali? Děkuji.
Jana Garnsworthy
Local time: 07:57
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


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Note added at 3 days8 hrs (2014-03-18 20:23:55 GMT) Post-grading
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You are welcome, Jana, thanks.
Selected response from:

Hannah Geiger (X)
United States
Local time: 03:57
Grading comment
x
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1right to life tenancy
Hannah Geiger (X)
4life estate
Maria Chmelarova
3an apartment with guaranteed lifetime rent
Petr Kedzior
Summary of reference entries provided
gift with reservation of benefit
Stuart Hoskins

Discussion entries: 16





  

Answers


1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5
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/

Maria Chmelarova
Local time: 03:57
Native speaker of: Slovak
Notes to answerer
Asker: Dekuju, Maria, life estate vyjadruje to same jako life tenancy, ale v tomto pripade se mi do vety vice hodilo life tenant. Presto diky za odpoved.

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20 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
an apartment with guaranteed lifetime rent


Explanation:
třeba...

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Note added at 2 hrs (2014-03-15 13:43:38 GMT)
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možná bych to ve světle dodatečných informací přeformuloval na

"apartment with lifetime rent guaranteed by easement"

Petr Kedzior
Czech Republic
Local time: 08:57
Specializes in field
Native speaker of: Czech
PRO pts in category: 20
Notes to answerer
Asker: Diky Petre za Vase prispeni do diskuze a Vas navrh, nakonec jsem tam dala life tenant, coz se do kontextu hodilo nejlepe. J x


Peer comments on this answer (and responses from the answerer)
neutral  Hannah Geiger (X): Jana has now confirmed that it is the other type of situation
34 mins
  -> I am not sure about that. She has not confirmed whether the contract is governed by the old ObčZ or by NOZ...
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1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
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.

Hannah Geiger (X)
United States
Local time: 03:57
Specializes in field
Native speaker of: Native in CzechCzech, Native in EnglishEnglish
PRO pts in category: 47
Grading comment
x
Notes to answerer
Asker: Thanks Hannah, your answer is similar to what I used in the end. Thank you for all your input. J x


Peer comments on this answer (and responses from the answerer)
agree  jankaisler: life tenancy/tenancy for life
3 hrs
  -> děkuji, Jane
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Reference comments


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...


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Note added at 3 hrs (2014-03-15 14:54:14 GMT)
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http://books.google.cz/books?id=wOMdIX7VzfUC&pg=PA109&lpg=PA...

Stuart Hoskins
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 80
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