Afnotarétt

Afnotarétt is a term used in Icelandic civil and notarial law to describe the right to revoke or annul certain acts or documents after they have been executed, especially those that have been notarized. It is not a general right to cancel all contracts; rather, it applies to specific acts where the law allows rescission or amendment, typically due to defects in consent, misrepresentation, error, coercion, or material breach of conditions linked to the act.

Applications of afnotarétt include revocation of notarial deeds, powers of attorney, or certain real estate transactions, and may involve written notice to other affected parties and, in some cases, intervention by a court or the notary to confirm the revocation. The availability and scope of afnotarétt depend on relevant statutes, contract terms, and case law; some acts may be irrevocable once formalities have been completed, or only revocable within a limited period.

Relation to other concepts: It interacts with general contract law, property law, and notarial regulations. It is distinct from the everyday concept of withdrawal from a contract and from criminal or administrative revocation. Legal discussions about afnotarétt address its limits and practical implications, including how restitution is handled if revocation occurs and how it affects the validity of related transactions or documents.