Title Bendraturčio teisė perleisti dalį bendrojoje dalinėje nuosavybėje, jos įgyvendinimo ypatumai bei probleminiai aspektai /
Translation of Title Co-Owner’s right to transfer a share of assets in joint partial ownership, characteristics of its implementation and problematic aspects.
Authors Šabanas, Vilius
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Pages 55
Abstract [eng] The right of common partial property is characterized by the fact that the multiplicity of the ownership of one particular object causes a legal relationship between the co-owners of themselves in respect to the various rights and obligations of each other in relation to the third parties. In relation to an object that is considered as joint ownership, appropriate implementation of the rights and obligations of each co-owner allows maximal usage of the item and its beneficial properties. The main criteria for the implementation of joint ownership of a property are the mutual agreement between the co-owners. While using its right, the co-owner also has a right to dispose of his share within the specificity of the form of the common partial ownership and the interests of other co-owners, the legislator established a mandatory procedure for the right of disposal of the co-owner. Article 4.79 of the Civil Code defines the right of priority of the co-owner in opposition to third parties. This co-owners right gives him the opportunity to acquire the share that the other co-owner intends to sell before third parties. Despite the fact that the aforementioned rule clearly regulates the procedure how the co-owner is obliged to inform the other co-owners in order to sell their shares, in common practices occur the cases where the co-owners and third parties intentionally violate the imperative procedural requirements of the sale of the part. The co-owners pre-emptive right also raises different views on its scope during asset realization procedures, and in some situations even raises uncertainties whether the limitation of disposal of the co-owners share of the joint ownership in all cases is proportionally, and maybe there are the situations where the procedure under review disproportionately burdens the co-owners.
Dissertation Institution Vilniaus universitetas.
Type Master thesis
Language Lithuanian
Publication date 2019