Category: Legal terms

Definition and legal basis Essentialia negotii refers to the essential business characteristics that make a contract effective. The Latin technical term defines the necessary minimum ...

Legal definition and principles The burden of proof is a fundamental legal institution in civil procedural law that determines which party bears the risk of ...

Legal definition and basis of ownership Ownership is a fundamental legal institution that describes the comprehensive legal control of a person over an object. The ...

Legal definition and basis of ownership Possession is a central legal institution that describes the actual control of a person over an object. In the ...

Basic legal definition Acceptance is a central legal act in civil and contract law that describes the receipt of a service by the creditor of ...

Definition and legal basis: Joint litigation is an institution under procedural law in which several persons appear jointly as plaintiffs or defendants in civil proceedings. ...

Definition and legal basis: Enrichment law is a sub-area of the law of obligations and regulates the reversal of unjustified transfers of assets. It is ...

Definition and legal basis: Vindication, also known as a claim for restitution, is a central legal institution of property law. It refers to the claim ...

Definition and legal basis: Offsetting is a legal institution under the law of obligations by which two mutual claims are extinguished insofar as they coincide. ...

Definition and legal basis: Management without mandate (GoA) is a legal obligation that is regulated in Sections 677-687 of the German Civil Code (BGB). It ...

Definition and legal basis: The statute of limitations is a legal institution that limits the period within which a claim can be enforced in court. ...

Definition and legal basis: Rescission is a legal institution under German civil law that enables a party to retroactively rescind a declaration of intent. It ...

Definition and legal basis: Fraudulent misrepresentation is a legal term from German civil law and refers to the deliberate misleading of a person in order ...

Definition and legal basis: Debtor default, also known simply as default, is a situation in debt law in which the debtor does not provide a ...

Definition and legal basis: The transfer of risk refers to the point in time at which the risk of accidental loss or accidental deterioration of ...

Definition and legal basis: In German contract law, dissent refers to the lack of agreement between the contracting parties. It exists if the parties only ...

Definition and legal basis: The third-party action, also known as an intervention action, is a legal remedy under German enforcement law. It is regulated in ...

Definition and legal basis: The basis of the transaction refers to the ideas shared by both contracting parties at the time the contract is concluded ...

Definition and legal basis: Forfeiture is a legal institution of German civil law based on the principle of good faith (Section 242 BGB). It results ...

Definition and legal basis: Lis pendens refers to the state of a legal dispute that occurs when a lawsuit is filed or an application is ...