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17:47 Jan 23, 2016 |
Hungarian to English translations [PRO] Law/Patents - Real Estate | |||||||
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| Selected response from: Ildiko Santana United States Local time: 03:40 | ||||||
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4 | purchaser of (real estate in) bare ownership |
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bare ownership/bare property |
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Discussion entries: 2 | |
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purchaser of (real estate in) bare ownership Explanation: állagvevő - aki az ingatlanon tulajdonjogot /bare ownership/ szerez (szemben a haszonélvezeti vevővel, aki haszonélvezeti jogot /usufruct/) Are there different title rights to land/ principal forms of ownership and restrictions to the property rights? Full ownership, bare ownership, usufruct, servitudes, right of superficies, emphyteusis. Ownership restrictions include pre-emptive rights (right of the tenant to buy the real estate that is the object of the leasehold of which he/she is the lessee; right of the regional government to buy certain properties) as well as compulsory purchase (right of the government to seize a citizen’s private property, expropriate property, or seize a citizen’s rights in property with due monetary compensation, but without the owner’s consent). … What is the most common form of investment structure in your country/ jurisdiction? A natural person can buy real estate in bare ownership and have the usufruct bought by a (his) company. The natural person only has to pay the price of the bare ownership with his own funds; the usufruct will be paid for by the company which will be able to write off the purchase price over the duration of the usufruct. If there was a loan to finance the purchase then the interests will be deductible as a company cost if reconcilable with the objects of the company. (Source: Purchasing Real Estate in Europe) http://www.european-law-firm.com/guide/purchasing-real-estat... |
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Reference: ... Reference information: http://www.proz.com/kudoz/french_to_english/law:_contracts/1... |
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Reference: bare ownership/bare property Reference information: Az állagvevő az, aki tulajdonjogot szerez, szemben a haszonélvezeti vevővel, aki haszonélvezeti jogot. http://www.homeinfo.hu/ugyintezes/illetek/902-illetekfizetes... A vagyoni értékű jogoknak is meghatározható értékük van, melyet szintén az illetéktörvény szabályoz. Amennyiben egy ingatlan esetében állagvevő, azaz a tulajdonjogot megszerző vevő is van és haszonélvezeti vevő is pl., akkor az egész ingatlan forgalmi értéke után fizetendő illeték a tulajdonjog és a haszonélvezeti jog arányában oszlik meg. http://www.proz.com/kudoz/hungarian_to_english/law_general/2... itt van legalul Mohay András tanár úr linkje http://www.proz.com/kudoz/french_to_english/law:_contracts/1... -------------------------------------------------- Note added at 10 hrs (2016-01-24 04:38:33 GMT) -------------------------------------------------- http://www.ernalowproperty.co.uk/Bare-Ownership Purchasing as Bare Ownership: This type of investment is based on the separation of ownership into "bare ownership" and "usufruct". An investment in bare ownership offers the best outlook in performance in a fully secure climate. The buyer receives, in the form of an immediate reduction of 40% to 50% on the purchase price, the equivalent of all updated rents, net of costs, taxes and charges, that he would have collected over the period had he invested in full ownership. No hidden expenses or risks. At the end of the temporary usufruct, the bare-owner immediately becomes the full owner. The net gain results from the free and automatic recovery of the usufruct, to which is added the re-evaluation of the property over the whole period. |
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