fideiussioni
Fideiussioni are contracts by which a third party, known as the fideiussore or guarantor, undertakes to satisfy the obligation of another person (the debitor principale) towards a creditor in case the debtor fails to perform. They represent a form of personal security that guarantees payment or fulfillment of an obligation without transferring ownership or property rights.
Parties and scope: the main participants are the creditor, the debtor (principal obligor) and the guarantor.
Forms and limitations: fideiussioni can take different forms. In a fideiussione semplice the guarantor is liable
Effects and remedies: once the debtor defaults, the creditor may demand performance from the guarantor. After
Applications and enforceability: fideiussioni are commonly used in loans, rental agreements, procurement, and other commercial relationships