Glossary entry

English term or phrase:

escheat

Albanian translation:

Pronë e kaluar në pronësi të shtetit

Mar 29, 2010 13:59
14 yrs ago
1 viewer *
English term

escheat

GBK English to Albanian Law/Patents Law (general)
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 sentences:
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)
Proposed translations (Albanian)
5 +3 Pronë e kaluar në pronësi të shtetit
Change log

Mar 29, 2010 13:41: changed "Kudoz queue" from "In queue" to "Public"

Mar 29, 2010 13:59: changed "Stage" from "Preparation" to "Submission"

Apr 1, 2010 15:04: changed "Stage" from "Submission" to "Completion"

Proposed translations

+3
5 mins
Selected

Pronë e kaluar në pronësi të shtetit

Definition from own experience or research:
Kalimi i pronës shtetit kur një person vdes pa lënë testament dhe nuk ka trashigimtarë që mund t'i kalohet prona, ose në disa raste kur prona është abandonuar.
Example sentences:
Pronë e kaluar në pronësi të shtetit, (Webster dictionary)
Peer comment(s):

agree Rezehana
2 hrs
Faleminderit Rezehana
agree Αlban SHPΑTΑ
4 hrs
Thanks Alban
agree Monika Coulson : Pajtohem
4 hrs
Thanks Monika
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