Knowledge (XXG)

Real contracts in Roman law

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492:. If the pledgee fell short of the expected standard, the contract was terminated immediately. The pledgee could claim for expenses incurred in maintaining the thing (such as an animal or slave). The pledgee had to set any profits derived from the thing against the outstanding debt. The pledge was repaid when the debt was settled, along with any accretions. The pledgor had no action without repayment. The pledgee did not have ownership, and therefore could not sell or destroy the thing, which was restrictive. A 386:" was acceptable. The depositee was also bound to hand over any accretions of the thing, such as any young born to a deposited animal. The depositor was liable for any damage caused by the deposited thing, and the cost of transportation if the place that the things was to be returned differed from that where it was borrowed. The 447:, where ownership was transferred as well as possession. Accordingly, the thing could be sold by the owner and deducted from the debt without recourse to the pledgor, and whilst it was owned by pledgee the pledgor had no right of use. It also required a formal conveyance. This is in contrast to the 261:
was a loan for use. It did not transfer ownership nor possession, and was also gratuitous (no interest could be charged). If interest was included, the agreement was instead either one of hire or an innominate contract. It was assumed to be for a "reasonable time" if this was not specified at the
240:
The borrower was bound to return the equivalent thing. As owner, he bore liability for loss, theft, or damage; they were irrelevant to his liability for the thing. Two exceptions were made, where repayment would be dependent on the success of the operation: the financing of a cargo ship, and the
356:
for safekeeping. It did not transfer ownership nor possession, and was also gratuitous. Land could not be the subject of a deposit. If interest was included, then the deposit became a contract of hire. Since ownership did not pass, a thief could deposit. The depositee could not benefit from the
496:
was typically agreed between the parties, to come into effect after a set time. So common was this that it was often considered implied. The amount would be deducted from the debt, interest and expenses added, and this could then be sued for under whichever contract had formed the debt.
74:
Each varied regarding the expected standards of care, transfer of ownership, and other practicalities stemming from the purpose of each. They all involved the delivery of a physical thing, which was a defining characteristic of such contracts. They were generally supplemented by the
411:
of fungibles, normally money. In contrast to a usual deposit, ownership did pass, granting more rights to the depositee to protect the property. It had to be returned on request, and the transferee could derive no benefit from it. The second was
144:. The others certainly existed in Gaius' time. The other three can be distinguished insofar as they are different from traditional concepts of debt from which real contracts developed, are bilateral, do not transfer ownership, are 266:
during the Classical period and later, though this was doubted before that. Perishables could not be loaned for use, unless they were to be used for display purposes only, or a small number of other exceptions. The lender under a
390:
was available to the depositor to seek return of his goods, with double damages awarded if the damage had been made in an emergency, such as during fire or riot. It resulted in
382:
to be the appropriate standard. The parties could agree to vary the level of care expected of the depositee. A depositee was expected to return the thing on demand. Reasonable "
332:. If the lender owed the borrower money relating to another contract or sale, then he could keep the borrowed thing and offset the cost against the debt He could also bring the 324:
if he misused the thing he had borrowed. If the borrowed thing had undisclosed defects which caused damage of which the lender was aware, then the lender would be liable under
196:
goods, such as money, food, and drink. Ownership was transferred, as was possession. In a strict sense then, because ownership passed, it should not be considered a loan. The
805: 480:
The pledgee, if he was in physical control of the object (as was usually the case) was required to safeguard the thing. Like the borrower, a pledgee was held to the
370:
standard. This meant that the depositee was liable if found to have been grossly negligent: careless to the extent that bad faith could almost be assumed.
200:
obliged the borrower not to return the thing itself, because its use would involve consumption, but a similar thing in quantity, quality and size.
440:("pledge") was a form of real security which transferred possession but not ownership. It often formed part of a mortgage or similar transaction. 152:
in nature. Gaius can therefore be seen as writing at a developing time in the law, although why the others are not mentioned at all in the
298:
was a form of strict liability, where the only situation when the borrower would not be liable would be actions of a "greater force" (
835: 791: 774: 755: 119: 36: 914: 418:, whereby a thing whose ownership was disputed was deposited with a third party, bound to return it to the successful party in a 211:("strict law") – the lender could not claim interest. Despite this, it became the standard arrangement for moneylenders in the 847: 798: 286:– a good, respected, head of the family. Some commentators consider the relevant standard to have instead been that of a 225:
did not place on the borrower any specific date on which to return the equivalent thing, this would also be given in a
130:
had to be created to cover any interest, then it could be used to cover the other elements of the transaction as well.
40: 123: 241:
sponsorship of a professional athlete. Neither was liable if they did not succeed; the risk was born by the lender.
126:. Real contracts were of limited significance, although they are featured prominently in the works of jurists. If a 400:
if expenses were paid. Originally, it seems that the expenses could be set against the value of the thing in the
316:. Where the borrower was liable, Justinian at least gave the lender the choice of whether to sue the borrower 79:
and an inominate contract, which allowed additional provisions, such as interest, to be added to contracts
290:("most careful head-of-family"), a higher standard. This may have developed from an earlier standard of 883: 493: 488:. The pledgor was liable for damage done by his thing deposited, if he acted without the care of a 154: 179: 909: 348: 770: 751: 453: 207:
action for the value of the thing if a similar thing was not returned as described. It was
353: 357:
deposit in any way. If the depositee used the thing, then this was considered theft by
212: 133: 44: 426:
until the disagreement was settled. It could be used in relation to land or movables.
221:, an additional contract. Rates of interest were heavily regulated by the state. As a 903: 383: 306:. If the borrower was liable, then he had an action available against the thief (the 470: 320:
in breach of contract, or the thief or damager. The borrower was also liable for
887: 359: 313: 422:
or similar action. Because possession passed, both parties were prevented from
841: 303: 257: 217: 188: 245:
was unilateral and did not place the lender under any obligations or duties.
815: 91: 52: 28: 783: 302:) such a theft with force, or what is called in the modern English law an 423: 193: 461:
remained popular with lenders who enjoyed increased security, whereas a
192:
and to undertake remedies. It involved the delivery of certain types of
877: 392: 149: 17: 871: 865: 857: 325: 308: 170: 404:, but, if so, this ability came to an end in the time of Justinian. 278:– the borrower was liable if his or her conduct fell short of the 51:, it is commonly thought that there were four types of these, as 787: 271:
did not have to be owner, since ownership was not transferred.
274:
A borrower was held (in most juristic texts) to a standard of
336:
if his expenses exceeded the value of the property borrowed.
114:. Common to all four was an agreement, and the delivery of a 182:
was passed. It could be used by people without the right of
407:
There were two special types of deposit. The first was the
396:
if the depositee was held liable. The depositee had the
328:. The appropriate action for breach of contract was the 174:
was a loan for consumption. It was the oldest contract
83:
making them more suitable for commercial applications.
262:
time of the agreement. Land could be the subject of a
856: 822: 178:, growing in importance after 326 BC when the 94:identifies four types of real contract – contracts 769:. Clarendon Law. Oxford: Oxford University Press. 43:(Contratti innominati (diritto romano)). Although 750:(3 ed.). Oxford: Oxford University Press. 746:Borkowski, Andrew; du Plessis, Paul J. (2005). 707: 705: 703: 701: 699: 697: 678: 676: 674: 672: 662: 660: 658: 639: 637: 635: 215:. Interest would instead have to be given in a 625: 623: 613: 611: 574: 572: 570: 484:standard; again, this may have developed from 378:("fraud"). Indeed, some commentators consider 136:, however, only mentions one type of contract 799: 551: 549: 547: 545: 543: 541: 531: 529: 519: 517: 515: 513: 511: 509: 8: 186:– a package of rights to participate in the 587:Borkowski, du Plessis (2005). pp. 102, 298. 413: 31:, contracts could be divided between those 806: 792: 784: 729:Borkowski, du Plessis (2005). pp. 303–304. 691:Borkowski, du Plessis (2005). pp. 302–303. 605:Borkowski, du Plessis (2005). pp. 298–299. 366:It appears that the depositee was held to 47:only identifies a single type of contract 505: 738:Borkowski, du Plessis (2005). p. 304. 711:Borkowski, du Plessis (2005). p. 303. 682:Borkowski, du Plessis (2005). p. 302. 666:Borkowski, du Plessis (2005). p. 301. 643:Borkowski, du Plessis (2005). p. 300. 617:Borkowski, du Plessis (2005). p. 299. 596:Borkowski, du Plessis (2005). p. 297. 578:Borkowski, du Plessis (2005). p. 298. 7: 443:It developed later than the similar 473:, but was increasingly eclipsed by 229:if required. In the later law, the 25: 41:innominate contracts in Roman law 465:was more useful to the pledger. 451:, which could be carried out by 1: 564:Nicholas (1962). pp. 168–169. 288:diligentissimus paterfamilias 767:An Introduction to Roman Law 720:Nicholas (1962). p. 170–171. 931: 118:. They are in contrast to 374:was therefore similar to 334:actio commodati contraria 765:Nicholas, Barry (1962). 652:Nicholas (1962). p. 171. 629:Nicholas (1962). p. 170. 555:Nicholas (1962). p. 168. 535:Nicholas (1962). p. 169. 523:Nicholas (1962). p. 167. 482:culpa levis in abstracto 398:actio depositi contraria 276:culpa levis in abstracto 59:(loan for consumption), 915:History of contract law 312:) or damager under the 469:lasted until the late 414: 39:, and those that were 748:Textbook on Roman Law 884:Damnum iniuria datum 409:depositum irregulare 490:bonus paterfamilias 284:bonus paterfamilias 155:Institutes of Gaius 124:inominate contracts 35:, those that were 897: 896: 203:The lender had a 16:(Redirected from 922: 808: 801: 794: 785: 780: 761: 739: 736: 730: 727: 721: 718: 712: 709: 692: 689: 683: 680: 667: 664: 653: 650: 644: 641: 630: 627: 618: 615: 606: 603: 597: 594: 588: 585: 579: 576: 565: 562: 556: 553: 536: 533: 524: 521: 417: 87:General features 63:(loan for use), 21: 930: 929: 925: 924: 923: 921: 920: 919: 900: 899: 898: 893: 852: 818: 814:Obligations in 812: 777: 764: 758: 745: 742: 737: 733: 728: 724: 719: 715: 710: 695: 690: 686: 681: 670: 665: 656: 651: 647: 642: 633: 628: 621: 616: 609: 604: 600: 595: 591: 586: 582: 577: 568: 563: 559: 554: 539: 534: 527: 522: 507: 503: 434: 344: 330:actio commodati 253: 166: 98:(in a thing) – 89: 23: 22: 15: 12: 11: 5: 928: 926: 918: 917: 912: 902: 901: 895: 894: 892: 891: 881: 875: 869: 862: 860: 854: 853: 851: 850: 845: 839: 833: 826: 824: 820: 819: 813: 811: 810: 803: 796: 788: 782: 781: 775: 762: 756: 741: 740: 731: 722: 713: 693: 684: 668: 654: 645: 631: 619: 607: 598: 589: 580: 566: 557: 537: 525: 504: 502: 499: 433: 428: 402:actio depositi 388:actio depositi 343: 338: 252: 247: 213:Roman republic 165: 160: 158:is not known. 116:res corporalis 88: 85: 67:(deposit) and 24: 14: 13: 10: 9: 6: 4: 3: 2: 927: 916: 913: 911: 908: 907: 905: 889: 885: 882: 879: 876: 873: 870: 867: 864: 863: 861: 859: 855: 849: 846: 843: 840: 837: 834: 831: 828: 827: 825: 821: 817: 809: 804: 802: 797: 795: 790: 789: 786: 778: 776:0-19-876063-9 772: 768: 763: 759: 757:0-19-927607-2 753: 749: 744: 743: 735: 732: 726: 723: 717: 714: 708: 706: 704: 702: 700: 698: 694: 688: 685: 679: 677: 675: 673: 669: 663: 661: 659: 655: 649: 646: 640: 638: 636: 632: 626: 624: 620: 614: 612: 608: 602: 599: 593: 590: 584: 581: 575: 573: 571: 567: 561: 558: 552: 550: 548: 546: 544: 542: 538: 532: 530: 526: 520: 518: 516: 514: 512: 510: 506: 500: 498: 495: 494:right of sale 491: 487: 483: 478: 476: 472: 468: 464: 460: 456: 455: 450: 446: 441: 439: 432: 429: 427: 425: 421: 416: 410: 405: 403: 399: 395: 394: 389: 385: 384:wear and tear 381: 377: 373: 369: 364: 362: 361: 355: 351: 350: 342: 339: 337: 335: 331: 327: 323: 319: 315: 311: 310: 305: 301: 297: 293: 289: 285: 281: 277: 272: 270: 265: 260: 259: 251: 248: 246: 244: 238: 236: 232: 228: 224: 220: 219: 214: 210: 209:stricti iuris 206: 201: 199: 195: 191: 190: 185: 181: 177: 173: 172: 164: 161: 159: 157: 156: 151: 147: 143: 139: 135: 131: 129: 125: 121: 117: 113: 109: 105: 101: 97: 93: 86: 84: 82: 78: 72: 70: 66: 62: 58: 54: 50: 46: 42: 38: 34: 30: 19: 829: 766: 747: 734: 725: 716: 687: 648: 601: 592: 583: 560: 489: 485: 481: 479: 474: 466: 462: 458: 452: 448: 444: 442: 437: 435: 430: 419: 408: 406: 401: 397: 391: 387: 379: 375: 371: 367: 365: 358: 347: 345: 340: 333: 329: 321: 317: 307: 299: 295: 291: 287: 283: 282:(care) of a 279: 275: 273: 268: 263: 256: 254: 249: 242: 239: 237:completely. 234: 230: 226: 222: 216: 208: 204: 202: 197: 187: 183: 180:lex Poetalia 175: 169: 167: 162: 153: 145: 141: 137: 132: 127: 115: 111: 107: 103: 99: 95: 90: 80: 76: 73: 68: 64: 60: 56: 55:identifies: 48: 32: 26: 888:Lex Aquilia 360:furtum usus 318:in personam 314:Lex Aquilia 309:actio furti 904:Categories 842:Stipulatio 836:Consensual 501:References 424:usucapting 420:vindicatio 415:sequestrio 372:Culpa lata 368:culpa lata 304:act of God 280:diligentia 269:commodatum 264:commodatum 258:commodatum 250:Commodatum 231:stipulatio 227:stipulatio 218:stipulatio 189:ius civile 184:commercium 150:praetorian 128:stipulatio 120:consensual 104:commodatum 77:stipulatio 71:(pledge). 61:commodatum 37:consensual 910:Roman law 823:Contracts 816:Roman law 349:depositum 341:Depositum 300:vis maior 233:replaced 205:condictio 146:bona fide 108:depositum 92:Justinian 65:depositum 53:Justinian 29:Roman law 486:custodia 454:traditio 296:Custodia 292:custodia 194:fungible 878:Iniuria 848:Literal 467:Fiducia 459:Fiducia 445:fiducia 393:infamia 354:deposit 880:  874:  872:Rapina 868:  866:Furtum 858:Delict 844:  838:  832:  773:  754:  475:pignus 471:empire 463:pignus 449:pignus 438:pignus 431:Pignus 352:was a 326:delict 322:furtum 243:Mutuum 235:mutuum 223:mutuum 198:mutuum 171:mutuum 163:Mutuum 142:mutuum 112:pignus 100:mutuum 69:pignus 57:mutuum 18:Mutuum 380:dolus 376:dolus 176:in re 138:in re 134:Gaius 96:in re 81:in re 49:in re 45:Gaius 33:in re 830:Real 771:ISBN 752:ISBN 148:and 122:and 110:and 27:In 906:: 696:^ 671:^ 657:^ 634:^ 622:^ 610:^ 569:^ 540:^ 528:^ 508:^ 477:. 457:. 436:A 363:. 346:A 294:. 255:A 168:A 140:: 106:, 102:, 890:) 886:( 807:e 800:t 793:v 779:. 760:. 20:)

Index

Mutuum
Roman law
consensual
innominate contracts in Roman law
Gaius
Justinian
Justinian
consensual
inominate contracts
Gaius
praetorian
Institutes of Gaius
mutuum
lex Poetalia
ius civile
fungible
Roman republic
stipulatio
commodatum
act of God
actio furti
Lex Aquilia
delict
depositum
deposit
furtum usus
wear and tear
infamia
usucapting
traditio

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