lepinguteõigust

Lepinguõigus refers to the body of law governing contracts in Estonia. It establishes the principles and rules for the formation, interpretation, and enforcement of agreements between parties. The primary source of lepinguteõigus is the Võlaõigusseadus (Law of Obligations Act).

The Law of Obligations Act outlines the essential elements of a valid contract, including offer, acceptance, and consideration. It also addresses issues such as capacity of parties, legality of the subject matter, and the formalities required for certain types of contracts. The act distinguishes between different types of contracts, such as sale, lease, and service agreements, each with its own specific provisions.

Key principles within lepinguteõigus include the principle of freedom of contract, which allows parties to freely agree on the terms of their contract, provided these terms do not violate the law or public policy. Another important principle is the principle of good faith, which requires parties to act honestly and fairly in their contractual dealings.

The law also provides remedies for breach of contract. When a party fails to perform their obligations, the other party may have the right to seek remedies such as damages, specific performance, or termination of the contract. The Law of Obligations Act aims to ensure that contractual relationships are predictable and that parties can rely on the enforceability of their agreements.