esindajaabi

Esindajaabi refers to the legal concept of representative agency in Estonian law. It encompasses situations where one person, the agent, acts on behalf of another person, the principal, in legal transactions. This agency relationship is established through an agreement, often referred to as a power of attorney or mandate. The agent has the authority to perform specific legal acts for the principal, such as signing contracts, managing property, or representing the principal in legal proceedings.

The scope of the agent's authority is typically defined by the agreement between the principal and the agent. This can range from very specific tasks to broad powers. It is crucial for the principal to clearly outline the extent of the agent's powers to avoid misunderstandings or unauthorized actions. The agent is legally obligated to act in the best interests of the principal and within the bounds of their granted authority. Failure to do so can result in legal liability for the agent.

There are different types of esindajaabi. Voluntary agency is established by the express will of the principal. Legal agency, on the other hand, is established by law, such as when a parent acts as a legal representative for their minor child. Guardianship also falls under this category, where a court appoints a representative for an individual who is unable to manage their own affairs. The principles of esindajaabi are fundamental to facilitating legal and commercial activities by allowing individuals and entities to delegate tasks and responsibilities.