Teljesítésként

Teljesítésként is a Hungarian legal term that translates most closely to "as performance" or "in fulfillment." It refers to the act of completing or satisfying an obligation, typically in a contractual context. When a party fulfills their obligations as agreed upon, they have achieved teljestésként. This can involve delivering goods, providing services, making payments, or any other action stipulated in a contract. The concept is central to contract law, as it signifies the successful conclusion of a party's duties.

The attainment of teljestésként releases the performing party from their contractual obligations related to that specific action. For instance, if a seller delivers the agreed-upon goods, they have achieved teljestésként, and their obligation to deliver is satisfied. Similarly, if a buyer makes the full payment, they have achieved teljestésként for their payment obligation. The absence of teljestésként, or a failure to perform, can lead to breaches of contract and subsequent legal remedies for the non-breaching party.

Understanding teljestésként is crucial for both parties entering into an agreement. It clearly defines what constitutes the fulfillment of duties and helps to prevent disputes. The specific requirements for achieving teljestésként can vary depending on the nature of the contract and the laws governing it, but the core principle remains the same: the completion of agreed-upon actions to satisfy a legal or contractual duty.