End of Marriage in Lithuania
A marriage ends: Due to objective circumstances, independent of the spouses' will: a) in the event of the death of a spouse. Due to subjective reasons — dissolution of marriage…
Servitude in Lithuania
The Concept of Servitude and Its Application Principles Servitude is the right to use another person's immovable property (referred to as the servient property) or the restriction of the owner’s…
Debt Transfer in Lithuania
Concept of Debt Transfer Debt transfer in Lithuania refers to a situation where a third party, under a contract with the creditor, assumes the obligations and rights of the debtor.…
Subrogation in Lithuania
Subrogation means the transfer of a claim to a third party by way of recourse A claim is transferred to a third party by way of recourse when: The claim…
Settlement Agreement in Lithuania
Essence of the settlement agreement By concluding a settlement agreement, the parties resolve an existing legal dispute through mutual concessions, prevent the emergence of a dispute in the future, resolve…
Seizure of Property in Lithuania
Property Seizure Procedure Property seizure is a legally established temporary prohibition or restriction of ownership rights to property or its components – possession, use, or disposal – applied under the…
Trust of Property in Lithuania
Concept of Property Trust Law Property trust law in the Republic of Lithuania refers to the trustee’s right to manage, use, and dispose of entrusted property under the conditions and…
Farmer in Lithuania
Legal Status of a Farmer A farmer is a natural person who, alone or with partners, engages in agricultural and forestry activities, and whose farm is registered in the Farmers’…
Usufruct in Lithuania
Conditions and Limitations on the Use of Another Person’s Property Usufruct is a right granted for the lifetime of an individual or for a defined period not exceeding the person’s…
Marriage Agreement in Lithuania
Spouses’ Agreement A marriage contract in Lithuania is an agreement between spouses that defines their property rights and obligations during marriage, as well as in case of divorce or separation.…
Company in Switzerland
Is it worth setting up or buying a company in Switzerland? Who is this really a good and necessary solution for? For years, Switzerland has been associated with prestige, stability,…
Land Lease in Lithuania
Land Lease Agreement A land lease is an arrangement under which one party (the lessor) agrees to transfer a specified land parcel to another party (the lessee) for a fee,…