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  3. Law: Contract(s)

formation des lots

English translation: division of the estate into equal shares

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
French term or phrase:formation des lots
English translation:division of the estate into equal shares
Entered by: Wyley Powell

01:37 Feb 1, 2006
French to English translations [PRO]
Law/Patents - Law: Contract(s) / Last will and testament
French term or phrase: formation des lots
Powers of an estate liquidator (executor), one of which is "procéder lui-même à l'évaluation des biens, à la formation des lots et à tout partage."

TIA
Wyley Powell
Canada
Local time: 11:17
division of the estate into equal shares
Explanation:
"Lots" are equal shares, not bequests and legacies (which could be unequal).

Definition given in "Vocabulaire juridique", ed. Cornu:
Formation et composition des lots: Opération de partage consistant à constituter autant de lots égaux qu'il y a d'héritiers copartageants ou de souches copartageantes, en déterminant concrètement les biens qui composent chacun.
Selected response from:

jbc
Local time: 16:17
Grading comment
Thanks to all.
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2administer the bequests and legacies
Charlotte Allen
5 -1creation of lots
Nathalie Bendavid
4forming lots
Sylvia Smith
2 +2division of the estate into equal shares
jbc
4 -1assembling/ assemble lots
David Hollywood


  

Answers


2 hrs   confidence: Answerer confidence 5/5 peer agreement (net): -1
creation of lots


Explanation:
grouping of like items to be sold together as a lot

Nathalie Bendavid
Canada
Local time: 11:17
Works in field
Native speaker of: Native in FrenchFrench, Native in EnglishEnglish
PRO pts in category: 4

Peer comments on this answer (and responses from the answerer)
disagree  Charlotte Allen: The context is the division of a deceased person's estate for distribution to his/her heirs, not an auction.
4 hrs
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4 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): -1
assembling/ assemble lots


Explanation:
The auctions also assemble interesting lots that give aficionados unique
opportunities to create tastings. In February, for example, Sotheby's auctioned a ...
select.nytimes.com/gst/abstract. html?res=F60615FE39550C7A8DDDAA0894DD494D81 - Similar pages


David Hollywood
Local time: 12:17
Native speaker of: English
PRO pts in category: 54

Peer comments on this answer (and responses from the answerer)
disagree  Charlotte Allen: The context is the division of a deceased person's estate for distribution to his/her heirs, not an auction.
2 hrs
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5 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
forming lots


Explanation:
I personally prefer the -ing verb form

Sylvia Smith
Local time: 17:17
Native speaker of: Native in EnglishEnglish
PRO pts in category: 81
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6 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
administer the bequests and legacies


Explanation:
I take this to mean that the executor is responsible for (a) having the estate valued (b) dividing it into the named bequests (for property) and legacies (for money) for distribution to the named heirs and (c) sharing out any remainder to the estate.

Charlotte Allen
United Kingdom
Local time: 16:17
Specializes in field
Native speaker of: English
PRO pts in category: 90

Peer comments on this answer (and responses from the answerer)
agree  Carolyn Brice
37 mins
agree  Bourth (X): Basically yes, though the reader will have to take account of differences in the laws of the diff. countries
1 hr
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7 hrs   confidence: Answerer confidence 2/5Answerer confidence 2/5 peer agreement (net): +2
division of the estate into equal shares


Explanation:
"Lots" are equal shares, not bequests and legacies (which could be unequal).

Definition given in "Vocabulaire juridique", ed. Cornu:
Formation et composition des lots: Opération de partage consistant à constituter autant de lots égaux qu'il y a d'héritiers copartageants ou de souches copartageantes, en déterminant concrètement les biens qui composent chacun.

jbc
Local time: 16:17
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 12
Grading comment
Thanks to all.

Peer comments on this answer (and responses from the answerer)
agree  Bourth (X): Except that under French inheritance law it is very difficult to do anything BUT distribute equallly, in accordance with ranking in the ascendance/déscendance/latéralité hierarchy.
14 mins
agree  Enza Longo
1 hr
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