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escheat

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13:58 Mar 29, 2010
English to Norwegian 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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Summary of translations provided
3statens arverett
Erik Matson
3hjemfalle
Bjørnar Magnussen


Discussion entries: 1





  

Translations offered


6 days   confidence: Answerer confidence 3/5Answerer confidence 3/5
statens arverett


Definition from Lov om arv "§ 46, 47:
"§ 47 Adgang for departementet til å gi avkall på arveretten og tilå representere Staten som arving..."

Example sentence(s):
  • "§ 46. Har arvelataren ikkje slektningar eller ektemake som arvar han, og har han ikkje gjort testament om arven, går arven til staten." - Lov om arverett  

Explanation:
Definisjoner av escheat på Internett (på engelsk):

•a reversion to the state (as the ultimate owner of property) in the absence of legal heirs
wordnetweb.princeton.edu/perl/webwn

•Escheat is a common law doctrine that operates to ensure that property is not left in limbo and ownerless. ...
en.wikipedia.org/wiki/Escheat
Erik Matson
Thailand
Local time: 16:21
Native speaker of: Native in NorwegianNorwegian, Native in EnglishEnglish
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33 days   confidence: Answerer confidence 3/5Answerer confidence 3/5
hjemfalle


Definition from ordnett.no:
hjemfalle (særl. om eiendom) - falle tilbake til (staten, det offentlige el. den opprinnelige eier)

Example sentence(s):
  • Hjemfall er et juridisk begrep som brukes om tilfeller der eiendom «faller tilbake» vederlagsfritt til den opprinnelige eier; normalt det offentlige i form av staten eller kronen. - wikipedia  
  • Søknad om omgjøring av tidligere fastsatte vilkår om tidsbegrensning og hjemfall skal innvilges så fremt reguleringsanleggets eier oppfyller vilkårene i industrikonsesjonsloven § 2 første ledd. - Lov om vasdragsreguleringer  
Bjørnar Magnussen
Local time: 11:21
Native speaker of: Native in NorwegianNorwegian
PRO pts in category: 236
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