ofvõlaõiguslikule

Of võlaõiguslikule is an Estonian legal term that translates to "of obligational law" or "related to the law of obligations." It refers to the branch of private law that governs the legal relationships arising from obligations. These relationships typically involve a debtor who is bound to perform a specific act for a creditor. The performance can be to give something, to do something, or to refrain from doing something.

The law of obligations covers a wide range of situations, including contracts, torts (delicts), unjust enrichment, and management of affairs without mandate. Contracts are voluntary agreements that create binding obligations between parties. Torts involve wrongful acts that cause harm to others, leading to an obligation for the wrongdoer to compensate the injured party. Unjust enrichment occurs when one person benefits unfairly at the expense of another, creating an obligation to return the enrichment. Management of affairs without mandate arises when someone acts on behalf of another without their express consent, but with the intention of benefiting them, creating certain obligations for both parties.

Key principles within the law of obligations include good faith, the principle of freedom of contract, and the principle that agreements must be honored. Estonian law, like many civil law systems, provides a comprehensive framework for the creation, performance, breach, and termination of obligations. This area of law is fundamental to commercial transactions, personal relationships, and the resolution of disputes arising from inter-personal dealings.