Glossary entry

Spanish term or phrase:

copropiedad por cuotas

English translation:

Co-ownership by quotas

Added to glossary by Sinead Nicholas
Jun 27, 2022 16:30
1 yr ago
31 viewers *
Spanish term

copropiedad por cuotas

Spanish to English Law/Patents Real Estate Divorce decree
Taken from a divorce decree from Cuba regarding their joint assets.

The full sentence is:

Que el importe integro perteneciente a la comunidad matrimonial de bienes que por este acto se disuelve asciende a la suma de xxxx pesos cubanos, correspondiéndole a cada copropietario por su participación en dicha comunidad la suma de xxxx pesos cubanos, quedando constituida entre los mismos una COPROPIEDAD POR CUOTAS sobre la vivienda descrita, a razón de un 50% en dicha copropiedad para cada uno.

Many thanks for any suggestions.

Proposed translations

+1
48 mins
Selected

Co-ownership by quotas


Sobre el derecho de propiedad (VI)

5 Mérida

Lic. Mérida de la C. Pastor Masson

Continuando con nuestro trabajo, en el artículo 164 se hace necesario el consentimiento, y así se expresa, de la mayoría de los copropietarios y en su defecto, la autoridad competente a instancia de parte resolverá lo que corresponda, pudiendo nombrar un administrador para los actos de administración de un bien común.

En cuanto al artículo 165, en él se expresa cómo se debe actuar para la disposición de bienes en común o para los actos que excedan los propios de administración y para ello es necesario el consentimiento de todos los copropietarios. A falta de ese consentimiento, la autoridad facultada podrá, con la solicitud expresa de los copropietarios, que representan la mitad o vías del valor del bien, disponer la ejecución de esos actos cuando sea en beneficio de los copropietarios.

El artículo 166 puede traer, con su expresión, un poco de discordia, ya que en él se expresa claramente que ninguno de los copropietarios está obligado a permanecer en la comunidad y que por tanto cada uno de ellos puede solicitar en cualquier tiempo que se divida el bien en común.

Cuando me refiero a traer un poco de discordia, pensemos en las viviendas que tienen copropietarios, pensemos en un divorcio, en un fallecimiento cuando el bien a heredar es una vivienda, y la litis que de ello se deriva, tema que abordaré en el próximo trabajo

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Note added at 51 mins (2022-06-27 17:22:26 GMT)
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OF THE CO-OWNERSHIP - Lexinter Law
https://www.lexinter.net › ccivb › de_la_copropriete
It is decided unanimously by the votes of all the co-owners on any modification of the distribution of co-ownership quotas, as well as on any decision of ...

Quota = the proportion or share which an individual has of the overall ownership of the property
Peer comment(s):

agree philgoddard : You don't really need to say "by quotas", because it goes on to say they have half each.
48 mins
I think you do: firstly it mentions the method of co-ownership then secondly the proportion (i.e. quota); both concepts should be translated
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4 KudoZ points awarded for this answer. Comment: "Thank you to all for the input!"
+1
1 hr
Spanish term (edited): copropiedad por cuotas, Cuba

Co-ownership (AmE condominium BrE commonhold) based on percentage shares (tenancy-in-common)

Equal tenants-in-common in Anglo-American law in the second web ref. is misleading, as the shares can be split 60% / 40 % or 99& / 1%.

Joint tenants, as in English Common law joint ownership of real estate or NB of chattels or bank accounts and as constantly discussed on ProZ, have an equal share.

Both types - separate and joint title - are forms of co-ownership as the overarching tenure.

Example sentence:

For tenants in common agreements, the only requirement is that the percentage of ownership from all the co-owners must add up to 100%. With joint tenants, each co-owner owns 100%, but for tenants in common, the ownership percentages total 100%.

Condominium developers are required to assign each unit a percentage of ownership, and the total of the percentages must equal 100.

Peer comment(s):

agree Alayna Keller : I prefer "shares" to "quotas."
13 hrs
Thanks & gracias, Alayna. Quotas also strike me as a quantity e.g. of wheat supply or Uni. student admission caps, such as 'numerus clausus' in Germany.
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Reference comments

34 mins
Reference:

Co-ownership

Co-ownership of property means more than one person has an ownership interest in a piece of real estate. There are different types of co-ownership, including tenancy in common, joint ownership, community property and tenancy by the entirety. - https://www.pacaso.com/blog/what-is-co-ownership-property
Me paree que en la Co-ownership están incluidas las cuotas:
What is a share of ownership?
A share is the company’s ownership stake and represents the smallest unit of company stock. It can be traded and its value is determined by market factors that affect the price of shares. - https://launchpeer.com/what-is-stake-in-a-company-and-how-it...
Peer comments on this reference comment:

neutral AllegroTrans : First ref is relevant, second is not - Asker's text has nothing to do with company stock
19 mins
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