avtalspart

Avtalspart is a term used in contract law to denote a party to an agreement. An avtalspart is a natural person or a legal entity that is bound by the contract’s obligations and who has the corresponding rights granted by the contract. In a typical contract there are at least two avtalspart, often described as the counterparter eller part(s) to the agreement.

Rights and obligations flow to and from each avtalspart. Obligations can include delivering goods or performing services, paying a price, or refraining from specific actions. Rights typically include receiving performance, payment, or other promised benefits. The concrete duties and entitlements are defined in the contract text and any applicable laws.

Identification and capacity are important aspects of an avtalspart. A party is usually identified by name or company registration, contact details, and, for legal entities, an organization number. Individuals must have legal capacity to enter into the contract, and in cases of limited capacity or representation, an authorized agent or representative may act on behalf of an avtalspart.

Beneficiaries who enjoy the contract’s benefits without being named as a signatory are not avtalspart; they are rights holders under the agreement but not parties to it.

Termination, modification, and assignment of rights or obligations are treated according to the contract terms and applicable law. An avtalspart remains bound until the contract ends or is terminated, unless a legally valid novation or assignment releases them or transfers their obligations to another party.

Examples include a lease between landlord and tenant, a sales agreement between buyer and seller, and a service contract between a provider and a customer.