| Fachwort |
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| Deutsch | lifetime | Grundwort | fehlt |
| Fachbebiet | fehlt |
Trennung: | lifetime |
| Inhalt | fehlt |
Status: | |
| Worttyp | fehlt |
| BGB 81. 1 A lifetime endowment transaction must be in writing . It must contain the binding declaration by the founder that he will dedicate assets to achieve an object specified by himself . The endowment transaction must give the foundation a charter with provisions on the name of the foundation , the seat of the foundation , the objects of the foundation , the assets of the foundation , the composition of the foundation board . If the endowment transaction does not satisfy the requirements of sentence 3 above and if the founder is dead , section 83 sentences 2 to 4 apply with the necessary modifications . BGB 81. 2 Until the foundation is recognised as having legal personality , the founder has a right to revoke the endowment transaction . If an application has been made for recognition by the competent public authority , the revocation may be declared only to that public authority . The heir of the founder is not entitled to revoke the endowment transaction if the founder made the application to the competent public authority , or , if the endowment transaction was notarially recorded , the founder , at or after the notarial recording , instructed the notary to make the application . |
| BGB 593a If , on the transfer of a business by way of a lifetime transfer of property , a plot of land leased for the business that serves agricultural purposes is included , then the transferee succeeds to the usufructuary lease in place of the lessee . The usufructuary lessor must , however , be promptly notified of the transfer of business . If proper management of the leased property by the transferee is not guaranteed , then the usufructuary lessor is entitled to terminate the lease for cause with the statutory notice period . |
| BGB 594b If a usufructuary lease is entered into for a period of more than thirty years , then after thirty years each party to the lease may terminate the lease at the latest on the third working day of a lease year to the end of the next subsequent lease year . Termination is not allowed if the lease has been entered into for the lifetime of the lessor or the lessee . |
| BGB 624 If the service relationship is entered into for the lifetime of a person or for a longer period of time than five years , then it may be terminated by the person obliged at the end of five years . The notice period is six months . |
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