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REAL ENCUMBRANCE INSTITUTE IN CIVIL LAW OF THE REPUBLIC OF LATVIA.

Authors :
Neilands, Rolands
Source :
International Multidisciplinary Scientific Conference on Social Sciences & Arts SGEM; 2016, p761-768, 8p
Publication Year :
2016

Abstract

The aim of this paper is to research the real encumbrance (burden) institute in Civil Act of the Republic of Latvia to state whether this institute is archaic and should be removed from the Civil Law or whether it has strong position in nowadays commercial circulation. Methods of qualitative research were employed in the paper - comparative method, analytic method, inductive method, and deductive method. In Latvian law real encumbrance is a permanent duty attached to immovable property to repeatedly provide specified performance of money, in kind or by corvée. Nowadays there is no place for corvée and it does not exist since 19<superscript>th</superscript> century. The paper shows that there are some cases when the real encumbrance institute is used in nowadays. It also describes whether it is appropriate to use this historical institute for commercial relations in 21st century, as well as reveals the suggestion of the author. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
23675659
Database :
Complementary Index
Journal :
International Multidisciplinary Scientific Conference on Social Sciences & Arts SGEM
Publication Type :
Conference
Accession number :
128318333