késedelméért

Késedelméért is a Hungarian legal term that translates to "for his/her delay" or "for their delay." It refers to the legal consequences that arise when a party fails to fulfill their contractual obligations within the agreed-upon timeframe. This concept is central to contract law in Hungary and many other civil law jurisdictions.

When a party is in késedelméért, they are considered to be in default. This default triggers certain remedies for the non-defaulting party. These remedies can include the right to demand performance of the contract, the right to claim damages resulting from the delay, or in some cases, the right to terminate the contract. The specific remedies available often depend on the nature of the contract, the severity of the delay, and the terms explicitly stated within the agreement.

Hungarian law generally requires that a formal notice of default, often referred to as a "felszólítás," be sent to the defaulting party before certain remedies can be exercised. This notice typically specifies the outstanding obligation and provides a reasonable grace period for performance. Failure to perform even after this notice solidifies the state of késedelméért and its associated legal ramifications. The principle aims to balance the need for timely performance with the allowance for reasonable delays and the opportunity to rectify the situation.