grantor and statutory trust

German translation: gesetzlich begründeter Trust...

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:statutory trust
German translation:gesetzlich begründeter Trust...
Entered by: Michaela Sommer

01:55 Aug 3, 2001
English to German translations [PRO]
Law/Patents
English term or phrase: grantor and statutory trust
Same terms & conditions of a lease transaction as in my previous question:

xxx will act as trustee in respect of the Trust. The Trust will be formes as a [grantor] [statutory] trust.

Does anybody know the specific terms for this type of trusts? Thanks in advance for any suggestions!
Michaela Sommer
Local time: 13:45
gesetzlich begründeter Trust...
Explanation:
is the explanation give for "statutory trust"
hierunter fallen 1. trust for sale
2. der Trust zugunsten der Erben bei gesetzlichen Erfolgen.

trust for sale =unmittelbar bindender Trust zum Verkauf

Ein Trust for sale entsteht in gewissen Fällen kraft Gesetzes. z.B. Law of Property, betr. gesetzliche Erbfolge

grantor of a trust =Stifter oder Besteller eines Treuhandvermögens


hope i could be of some help
Selected response from:

IngePreiss
Germany
Local time: 13:45
Grading comment
Many thanks for your help!
4 KudoZ points were awarded for this answer



Summary of answers provided
na +1gesetzlich begründeter Trust...
IngePreiss
naGesetzliches Treuhandverhältnis
O'Dwyer
naTreuhand-Fond
ambittles


  

Answers


1 hr peer agreement (net): +1
gesetzlich begründeter Trust...


Explanation:
is the explanation give for "statutory trust"
hierunter fallen 1. trust for sale
2. der Trust zugunsten der Erben bei gesetzlichen Erfolgen.

trust for sale =unmittelbar bindender Trust zum Verkauf

Ein Trust for sale entsteht in gewissen Fällen kraft Gesetzes. z.B. Law of Property, betr. gesetzliche Erbfolge

grantor of a trust =Stifter oder Besteller eines Treuhandvermögens


hope i could be of some help



    Dietl/Lorenz Dictionary of Legal, Commercial and Political Terms
IngePreiss
Germany
Local time: 13:45
Native speaker of: Native in GermanGerman
PRO pts in pair: 82
Grading comment
Many thanks for your help!

Peer comments on this answer (and responses from the answerer)
agree  gangels
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8 hrs
Treuhand-Fond


Explanation:
none

ambittles
Local time: 12:45
PRO pts in pair: 12
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1 day 5 hrs
Gesetzliches Treuhandverhältnis


Explanation:
The answer can also be:
normiertes Treuhandverhältnis.
This translation you find in Salescontracts of property.

O'Dwyer
Germany
Local time: 13:45
PRO pts in pair: 6
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