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escheat

Romanian translation: moştenire vacantă

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:escheat
Romanian translation:moştenire vacantă
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07:54 Nov 29, 2008
English to Romanian translations [PRO]
Law/Patents - Law (general)
English term or phrase: escheat
Definition from springhillfloridarealestateonline.com:
The reversion of property to the state when a decedent dies intestate and there are no heirs capable of inheriting, or when the property is abandoned.

Example sentence(s):
  • In some states, bank deposits and bank dividends which have been unclaimed for a certain period may escheat to the state. reference.howstuffworks.com
  • Before performing an escheat analysis, one must properly identify states in which escheat laws apply and determine the applicable escheat laws and regulations. The New York State Society of CPAs
  • Generally, since states often do not have a statute of limitation with respect to escheat property, they often look back ten years or more to claim improperly held property. Schenck SC
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This question was created by:
Enrique
Enrique
Argentina


This question is closed

moştenire vacantă
Definition:
În cazul când nu există moştenitori din niciuna din cele patru clase de moştenitori şi nu există nici soţ supravieţuitor al defunctului, iar defunctul nu a dispus în mod valabil de bunurile sale nici prin testament, moştenirea devine vacantă şi se cuvine statului potrivit art. 680 C. civil.
Selected response from:

Bogdan Burghelea
Romania
Grading comment
4 KudoZ points were awarded for this answer

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Summary of translations provided
5 +3moştenire vacantă
Bogdan Burghelea


  

Translations offered


8 mins   confidence: Answerer confidence 5/5 peer agreement (net): +3
moştenire vacantă


Definition from www.jura.ro:
În cazul când nu există moştenitori din niciuna din cele patru clase de moştenitori şi nu există nici soţ supravieţuitor al defunctului, iar defunctul nu a dispus în mod valabil de bunurile sale nici prin testament, moştenirea devine vacantă şi se cuvine statului potrivit art. 680 C. civil.

Example sentence(s):
  • Potrivit art. 680 C. Civ. „în lipsa de moştenitori legali sau testamentari, bunurile lăsate de defunct trec în proprietatea statului”. - Codul civil  
Bogdan Burghelea
Romania
Local time: 04:09
Native speaker of: Native in RomanianRomanian, Native in GermanGerman
PRO pts in category: 132

Votes in favor of/against selecting this as the best translation of the term asked
Yes  Nina Iordache: http://www.avocatnet.ro/content/forum|displayTopicPage/topicID_15955/mostenire/vacanta.html
1 hr
  -> Mulţumesc!

Yes  Lucica Abil
6 hrs
  -> Mulţumesc mult!

Yes  liviu roth
6 hrs
  -> Mulţumesc! Much appreciated!
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