GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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14:12 Mar 28, 2021 |
Romanian to English translations [PRO] Law/Patents - Law (general) | |||||||
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| Selected response from: Adrian MM. Austria | ||||||
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3 +2 | joint asset and personal asset; jointly owned and separately owned, personal asset |
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joint asset and personal asset; jointly owned and separately owned, personal asset Explanation: bunuri comune > jointly owned assets, for instance as marital or matrimonial 'community property' known in ENG law as 'jouintly tenanted' property _ jus accrescendi applies and the undivided share passes to the survivor by 'right of survivorship. vs. bunuri proprii cf. a tenancy-in-common or separate, personal property > can be disposed of by Will and does not automatically accrue to the survivor. ACT DE PARTAJ SUCCESORAL: Deed of 'Partition' > Distribution of Estate or 'assenting of testamentary gifts to the rightful beneficiaries'. in E+W, an assent form is or used to be needed to pass a leasehold estate to a beneficiary or heirs-at-law on intestacy and attracted stamp duty of 50p. I have an idea of the law behind the terms, rather than the Romanian grammar .... Reference: http://www.clarionsolicitors.com/articles/what-happens-to-jo... Reference: http://www.clarionsolicitors.com/articles/joint-tenant-or-te... |
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