Transfer of Claim Rights Assignment of a claim (cession) refers to the transfer by the original creditor (assignor) of an existing or future claim (in whole or in part) to…
Concept of Rent Rent – under a rent agreement, one party – the rent payer (debtor) undertakes to periodically pay a specified sum of money (the rent) to the other…
Concept and Conditions for Applying Restitution Restitution is the full or partial restoration of the proprietary situation of the parties to a void transaction to the condition that existed prior…
Concept of Transactions Transactions are actions of individuals aimed at creating, modifying, or terminating civil rights and obligations. These are expressions of intent, consciously directed at achieving a specific legal…
A marriage ends: Due to objective circumstances, independent of the spouses’ will: a) in the event of the death of a spouse. Due to subjective reasons — dissolution of marriage…
The Concept of Servitude and Its Application Principles Servitude is the right to use another person’s immovable property (referred to as the servient property) or the restriction of the owner’s…
Concept of Debt Transfer Debt transfer in Lithuania refers to a situation where a third party, under a contract with the creditor, assumes the obligations and rights of the debtor.…
Subrogation means the transfer of a claim to a third party by way of recourse A claim is transferred to a third party by way of recourse when: The claim…
Essence of the settlement agreement By concluding a settlement agreement, the parties resolve an existing legal dispute through mutual concessions, prevent the emergence of a dispute in the future, resolve…
Starting from October 2025, a new list of countries has been approved where documents for temporary residence permits in Lithuania and visa applications can be submitted. Starting from October 22,…