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…
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…
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’…
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…
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.…
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 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,…
Definition and Functions A branch of a legal entity is a structural unit with its own registered office (in Lithuania), performing all or part of the functions of the legal…
Definition and Formation A sole proprietorship (individual enterprise) is a private legal entity with unlimited civil liability, owned by a single natural person. Only a legally capable natural person can…
Association An association is a public legal entity with limited civil liability and its own name, established to coordinate the activities of its members, represent their interests, protect them, or…
Establishment of a Credit Union Credit union shall mean a credit institution satisfying the economic and social needs of its members and holding a licence to engage and engaged in…
Agricultural cooperative A company formed for the purpose of production and commercial activity, whose income over the period of an economic year for agricultural production and services rendered to agriculture,…
