Cesión gratuita de cuota de participación económica

19:09 Mar 16, 2021
This question was closed without grading. Reason: Answer found elsewhere

Spanish to English translations [PRO]
Bus/Financial - Real Estate / Cuban Deed
Spanish term or phrase: Cesión gratuita de cuota de participación económica
"Escritura publica de cesión gratuita de cuota de participación económica y constitución de copropiedad por cuotas"
Ana Ribeiro
Portugal
Local time: 13:04


Summary of answers provided
3common parts: Gratuitous assignment of the percentage financial share
Adrian MM.


Discussion entries: 1





  

Answers


1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5
common parts: Gratuitous assignment of the percentage financial share


Explanation:
y constitución de copropiedad por cuotas: and creation of a USA condo UK commonhold - no need to argue about the Anglo-centricism, it's water off a duck's back: by percentage shares

My 'multipropiedad' > time-sharing, liberalis/zed, inward Cuban investment bells are ringing from the 1990s.

cuota de participación : Esp. proportional interest - in the common areas of a building, West. Common areas also known in the UK as 'common parts.'

Note that, in a transfer of UK land, a Cesión gratuita - so counter-intuitively that some UK conveyancing Solicitors don't know - is known in Equity as a 'voluntary conveyance' - so my translation would have gone to one of a 'beneficial pro rata interest' in the property.

PS note Toni C's second weblink.

Example sentence(s):
  • The beneficial owners identified for each legal entity customer must include: Ownership: each individual (if any) who directly or indirectly owns 25 percent or more of the equity interests of a legal entity customer.

    Reference: http://www.cubatramite.com/cesion-de-participacion-a-titulo-...
    Reference: http://www.legal-lingo.net/gratuitous-assignment/
Adrian MM.
Austria
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 50
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