In Roman and civil law, a commodator refers to an individual who provides or loans something to another person.
A commodator is someone who lends or bails something to another person, a term commonly used in Roman and civil law. For example, when you borrow a book from a library, the library is the commodator as they are lending the book to you. This example demonstrates the definition of a commodator, with the library being the lender and the borrower being the person who receives the loaned item and is responsible for returning it.
A commodator is a person who lends or leases personal property to another party.
The commodator has the right to receive the property back in the same condition as it was lent, and the responsibility to ensure the property is used properly and returned on time.
Yes, a commodator can charge a fee for lending property, as long as it is agreed upon by both parties.
The borrower is responsible for any damage to the property while it is in their possession, and may be required to compensate the commodator for the damage.
Yes, a commodator can terminate the lending agreement early if the borrower breaches the terms of the agreement or if there is a valid reason for termination.
In general, a commodator is not held liable for harm caused by the lent property, unless they were negligent in lending the property or failed to disclose known defects.
A written agreement outlining the terms of the lending arrangement is recommended to protect both parties and clarify their rights and responsibilities.
If the borrower fails to return the property as agreed, the commodator may have the right to reclaim the property through legal means, such as filing a lawsuit for the return of the property.
A commodator can lend property to a minor, but it is important to consider the legal implications and obtain consent from the minor’s legal guardian.
Generally, any personal property that is not consumed by use and can be returned in the same condition can be lent through a commodatum agreement. However, certain types of property, such as firearms or hazardous materials, may be subject to additional legal restrictions.
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: 16th April 2024.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
- Page URL:https://dlssolicitors.com/define/commodator/
- Modern Language Association (MLA):Commodator. dlssolicitors.com. DLS Solicitors. May 09 2024 https://dlssolicitors.com/define/commodator/.
- Chicago Manual of Style (CMS):Commodator. dlssolicitors.com. DLS Solicitors. https://dlssolicitors.com/define/commodator/ (accessed: May 09 2024).
- American Psychological Association (APA):Commodator. dlssolicitors.com. Retrieved May 09 2024, from dlssolicitors.com website: https://dlssolicitors.com/define/commodator/
Our team of professionals are based in Alderley Edge, Cheshire. We offer clear, specialist legal advice in all matters relating to Family Law, Wills, Trusts, Probate, Lasting Power of Attorney and Court of Protection.
All author posts