GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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11:06 Jul 1, 2011 |
Italian to English translations [PRO] Real Estate | |||||||
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| Selected response from: Howard Sugar Italy Local time: 03:05 | ||||||
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Summary of answers provided | ||||
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5 | accessions |
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4 | property that has acceded to it |
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Discussion entries: 1 | |
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property that has acceded to it Explanation: This term is completely redundant in this list. Accession means that an item of moveable property has become incorporated into the flat. However, this is simply a fixture (i.e. accessorio), so in this context accessori and accessioni are identical in meaning. |
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accessions Explanation: One may use either the term accessions or accretions Accession has different definitions depending upon its application. In Property law, it is a mode of acquiring property that involves the addition of value to property through labor or the addition of new materials. In English Common law, the added value belonged to the original property's owner. In Modern Common law, if the property owner allows the accession through bad faith, the adder of value is entitled to damages or title to the property. Reference: http://en.wikipedia.org/wiki/Accession_%28property_law%29 |
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