11:23 Feb 27, 2022 |
English to Polish translations [PRO] Law/Patents - Law: Contract(s) | |||||
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Grading comment
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3 | klasy premium |
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1 +1 | cena, suma |
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Summary of reference entries provided | |||
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Immovable Property (Transfer Restriction) Act |
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Discussion entries: 5 | |
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klasy premium Explanation: Siedziby klasy premium/najwyższej klasy siedziby |
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premium cena, suma Explanation: Concept of lease: an introduction Lease of an immovable property is defined under Chapter V of the Transfer of Property Act, 1882. Section 105. Lease defined. – A lease of immovable property is a transfer of a right to enjoy such property, made for a certain time, express or implied, or in perpetuity, in consideration of a price paid or promised, or of money, a share of crops, service or any other thing of value, to be rendered periodically or on specified occasions to the transferor by the transferee, who accepts the transfer on such terms. Lessor, lessee, premium and rent defined.—The transferor is called the lessor, the transferee is called the lessee, the price is called the premium, and the money, share, service or other thing to be so rendered is called the rent. A lease is a transfer of partial interest (and not absolute interest) in an immovable property and not a transfer of ownership. Lease is considered as transfer of property since, interest in an immovable property is considered as property. The right to enjoyment of property is transferred for some consideration for a fixed period. The person who transfers the property is called lessor (landlord) and the person to whom it is transferred is known as lessee (tenant), the price is called the premium and the money, service, share or any other thing to be rendered is called the rent. - https://blog.ipleaders.in/laws-relating-lease-immovable-prop... |
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2 hrs |
Reference: Immovable Property (Transfer Restriction) Act Reference information: https://www.ecolex.org/details/legislation/immovable-propert... |
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