Transactions in Civil Law

In the modern world, each person, in one way or another, is familiar with such concepts as contracts, agreements and so on. Such legal instruments allow you to protect your own interests and gain certain benefits. In this article we will consider the concept and types of transactions in civil law.

A transaction involves a certain action that is performed in order to achieve the set result. Rights are necessary to ensure that all items of the document in question are implemented. That is, the relevant legal norms are needed in order to ensure fairness between the persons participating in the transaction, as well as to prevent possible illegal actions.

Transactions in civil law can be of various types. In particular, it is:

1) Category, the main principle of compilation is the number of participants:

• Unilateral transactions. In this case, for the preparation of the document, actions on the part of one person are necessary. For example, these are such transactions in civil law, as a will, power of attorney, the waiver of ownership of various property objects. Such a document creates duties only for a person who has expressed the will to create it;
• Bilateral deals can be called contracts in a different way. For their creation, the will of the two persons is necessary;
• Multilateral deals can be legitimately called contracts. For the preparation of the document, the will of all participants must be expressed.

2) Category, the main principle of which is the time of conclusion. In particular, it is:

• Consensual transactions in civil law. Characterized by the fact that they are prisoners since the moment when all parties reached an agreement. For example, this is the purchase and sale of living quarters;
• Real deal. Characterized by the fact that they are prisoners only when the transfer of property has already occurred. For example, it can be a bank deposit, a loan, transportation, donation. That is, to recognize the validity of the document, it is necessary not only the consent of all parties, but also the actual transfer of the material object.

3) Category, the basic principle of formation of which is the legal basis. In particular, it is:

• Causal transactions in civil law. Characterized by the fact that the document clearly shows the purpose of its compilation;
• Abstract transactions. Characterized by the fact, the purpose and validity of the document are independent of each other.

4) Category, the main feature of which is the presence or absence of the obligation of another participant. In particular, it is:

• Onerous transactions. Characterized by the fact that both sides achieve, with the help of the document, the satisfaction of their goals;
• Free of charge transactions. Characterized by the fact that the second participant is not required to provide counter services and values. For example, this is a gift.

5) Category, the sign of which is the form of the transaction. In particular, it is:

• Formal transactions. Characterized by the fact that their form complies with the norms of law;
• Informal transactions. Characterized by the fact that their form can be any.

6) The category, the sign of which is the onset of legal consequences. In particular, it is:

• A will that is posthumous;
• Lifelong transaction.

7) Category, the sign of which is the procedure for recognition. In particular, it is:

• Void transactions ;
• Disputable documents.

Types of legal acts are very diverse. This is not surprising, because the rapid development of the world entails changes in civil relationships. There are new types and categories of transactions that are designed to meet all the needs and goals of modern man. This area of civil law is in constant development.