edasivõetav

Edasivõetav is an Estonian term that translates to "transferable" or "assignable" in English. It is commonly used in legal and financial contexts to describe rights, obligations, or assets that can be passed on from one party to another. This concept is fundamental in contract law, where terms of an agreement may be made transferable, allowing a party to delegate their rights or responsibilities to a third party.

In property law, the term can apply to the transfer of ownership or leasehold rights. For example, a lease agreement might be transferable, meaning the tenant can assign their remaining lease term to someone else, subject to certain conditions. Similarly, in financial transactions, debts or securities can be edasivõetav, enabling their sale or transfer between investors or creditors.

The transferability of something is often subject to legal restrictions or contractual clauses. Some rights or obligations are considered non-transferable by their nature, such as personal services or certain governmental permissions. When an item or right is described as edasivõetav, it signifies that a formal process of transfer is legally permissible and recognized. The specifics of how such a transfer occurs are typically outlined in relevant legislation or the agreement itself.