Harman Patil (Editor)

Nominate contract

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In civil law jurisdictions, a nominate contract is a standardized contractual relationship that has a special designation attached to it (e.g., purchase and sale, lease, loan, insurance), as opposed to innominate contracts (which are not standardized and therefore have no set name). The obligor and obligee have rights and obligations specially prescribed by law. Nominate contracts are usually statutorily required to include certain express terms (essentialia)—depending on their kind—and are construed to include terms implied in law.

Examples in law

In Quebec, Book V of the Civil Code deals with Obligations, Title II deals with nominate contracts. It is further subdivided into various chapters, dealing with several types of nominate contracts (sale, gift, lease, insurance).

References

Nominate contract Wikipedia