Collective property each property is generally called that it does not belong to a only one (natural or legal) person. Depending upon field of activity there are different definitions of collective property.

Socialism/communism

As collective property in these political systems the whole of all factors of production was regarded. Private property is considered here as counterpart. All mechanisms are national. The state is defined by the people and as reversal conclusion is thus the people owner of the mechanism (e.g. steel plant, Kolchose etc.)

Inheritance

After the death of the testator its entire fortune falls into the inheriting community and becomes thus collective property (Switzerland: Total hand ability; Germany: Total hand property). Decisions over the further use or use of the fortune can be made only by all inheriting jointly. By the division of the inheritance under inheriting the Kollktiveigentum transforms to subjective property.

Soil order

As traditional soil order the collective property is well-known for centuries. In the German-speaking countries (special in Alemanni) this collective use was called common land.

Real estates

At owner communities (blocks of flats, which are called also floor owner community) is of all used and for general use determined part of the housing estate collective property (e.g. lift system, playground, approach roads etc.).

Corporate law

As collective property also the parts of the assets of legal entities (corporation, limited company, association etc.) can be regarded. By the deposit (Liberierung) of the drawn shares (shares, shares) the partners Anteile of the fortune of a legal entity acquire. With the liquidation to all shareholders portions of the liquidation surplus in the relationship of your portion rights are entitled to such a society.

Articles in category "Collective property"

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