lepingudes

Lepingudes are legally binding agreements that create rights and obligations between two or more parties. In Estonian law, lepingud cover a wide range of arrangements, including sales, services, employment, and leases. They arise from mutual consent of capable parties for a lawful purpose and with a defined subject matter.

The fundamental elements of a contract typically include an offer, an acceptance, and the intention to create legal relations, as well as capacity to contract and a lawful object. Some contracts must be in writing to be enforceable, such as real estate transactions or certain consumer arrangements, while many contracts can be concluded orally.

Contracts may take various forms. They can be bilateral (both sides owe performance) or unilateral (one side is obliged to act). They can be express (stated terms) or implied by conduct. The terms and risk allocation are usually set out in the contract or implied by applicable law.

Performance involves the actual execution of promised duties. If performance is delayed or incomplete, the other party may be entitled to remedies. Terms may also address modification, suspension, or termination of obligations.

Breach of a contract can lead to remedies such as damages, interest on sums due, or termination of the agreement. In many cases, contracts may include provisions for specific performance or alternative arrangements, subject to the law and fairness.

In practice, lepingud are governed by the Estonian Law of Obligations Act and related legislation, with additional protections provided by consumer protection rules and EU directives. The enforceability and interpretation of lepingud rely on clear terms, good faith, and compliance with applicable law.