Forfeiture of the benefit of the term under the regulation of the Civil Code Cover Image
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Decăderea din beneficiul termenului în reglementarea Codului civil
Forfeiture of the benefit of the term under the regulation of the Civil Code

Author(s): Viorel Terzea
Subject(s): Law, Constitution, Jurisprudence, Civil Law
Published by: Universul Juridic
Keywords: forfeiture; suspensive term; insolvency; civil sanction;

Summary/Abstract: The early maturity of a contractual obligation may also occur as a result of forfeiture of the benefit of a suspensive term established in favor of the creditor. Since forfeiture generally constitutes a civil sanction, the cases in which forfeiture occurs cannot be applied by analogy to other situations; however, the possibility is not excluded that the parties may, by agreement, extend the scope of application of forfeiture of the benefit of the term.

  • Issue Year: 2025
  • Issue No: 04
  • Page Range: 221-233
  • Page Count: 13
  • Language: Romanian
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