/lɛks reɪ saɪˈtaɪ/ – Latin Phrase
Definition: luật pháp của nơi có tài sản.
A more thorough explanation: “Lex rei sitae” is a Latin legal term that translates to “the law of the place where the property is situated.” It refers to the principle that the laws governing the ownership, transfer, and use of real property are determined by the jurisdiction in which the property is located.
Example: The court applied the principle of lex rei sitae to determine that the property law of the jurisdiction where the property is located should govern the dispute.