Open AccessFiduciary Transfer of Property // Fiducijarni prenos svojine
Author(s) -
Duško Medić
Publication year - 2019
Publication title -
godišnjak fakulteta pravnih nauka
Language(s) - English
Resource type - Journals
eISSN - 2232-9684
pISSN - 2232-9668
DOI - 10.7251/gfp1909021m
Subject(s) - fiduciary , debtor , pledge , property (philosophy) , business , law , creditor , law and economics , property rights , duty , political science , economics , debt , finance , philosophy , epistemology
The article deals with the Institute of fiduciary transfer of property as a security means of debit claims and also deals with necessity to initiate that institute into a legal system of Bosnia and Herzegovina. Fiduciary legal affair is a prerequisite for aquiring fiduciary property. This is basically a state of affairs in which the debtor is obliged to transfer his right ( mostly the property) to the fiduciary and the fiduciary is obliged to execute that right and after the completion of necessary presumptions return it to the debtor. The author is of the opinion that it is a positive thing that the aforementioned Institute has not been initiated into the legal system of Bosnia and Herzegovina as yet, because similar results are being achieved by means of registered pledge which creates less uncertainty and also less risk for the debtor in reality.