Define: Actiocommodati Directa

Actiocommodati Directa is a legal term that refers to a type of contract where one party (the actio) transfers the ownership of a property or asset to another party (the commodati) for a specific period of time. This contract is commonly used in civil law jurisdictions and is similar to a lease or rental agreement.

Under Actiocommodati Directa, the actio retains the ownership of the property or asset but grants the commodati the right to use and enjoy it for a predetermined period. The commodati is obligated to take care of the property and return it in the same condition as received, except for normal wear and tear.

This type of contract is often used for temporary or short-term arrangements, such as renting a house or leasing equipment. It provides legal protection to both parties by clearly defining their rights and obligations during the term of the contract.

In case of any disputes or breaches of the contract, the actio has the right to seek legal remedies, such as compensation for damages or termination of the contract. The commodati, on the other hand, may also have certain rights, such as the right to terminate the contract if the actio fails to fulfil their obligations.

Overall, Actiocommodati Directa is a legal framework that governs the transfer of ownership and use of a property or asset for a specific period, providing clarity and protection to both parties involved.

This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 29th March 2024.