16:06
im ready to cook senior year and then hopefully move to Malibu :)
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Simple English definitions for legal terms
ratihabitio
Read a random definition: net estate
A quick definition of ratihabitio:
Term: RATIHABITIO
Definition: Ratihabitio is a legal term that means when someone approves or agrees with something that their representative did on their behalf. For example, if a lawyer signs a contract for their client, the client's ratihabitio would be their agreement to the terms of the contract.
A more thorough explanation:
RATIHABITIO
Ratihabitio (rat-uh-huh-bish-ee-oh) is a legal term that refers to the act of approving or ratifying a transaction by a principal of an agent. It comes from the Latin phrase "ratum habere," which means "to hold ratified." This term is commonly used in civil law.
- When a real estate agent sells a property on behalf of a homeowner, the homeowner must give ratihabitio to the transaction in order for it to be legally binding.
- A company may give ratihabitio to a contract signed by their employee, making the contract valid and enforceable.
These examples illustrate how ratihabitio is used in legal situations where a principal (such as a homeowner or a company) must approve or ratify a transaction that was carried out by an agent (such as a real estate agent or an employee). Without ratihabitio, the transaction may not be legally binding.