Legal Definitions - auctor

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Definition of auctor

The term auctor refers to the origin or source from which a legal right, title, or authority is derived. It can also refer to a principal who directs or authorizes an action.

Here are some examples to illustrate this concept:

  • Real Estate Transaction: Imagine a homeowner, Ms. Chen, decides to sell her property to Mr. Davies. In this scenario, Ms. Chen is the auctor of Mr. Davies's new ownership title. Her existing legal right to the property is the fundamental source from which Mr. Davies's right to own the property originates once the sale is complete. Without Ms. Chen's prior ownership and her act of transferring it, Mr. Davies could not acquire the title.

  • Corporate Authority: Consider a company's board of directors that passes a resolution granting its Chief Financial Officer (CFO) the power to enter into a specific loan agreement on behalf of the corporation. The company, acting through its board, is the auctor of the CFO's authority. The CFO's legal power to bind the company to the loan agreement stems directly from the board's resolution, making the company the source of that legal power.

  • Intellectual Property Rights: When a musician composes an original song, they become the auctor of the copyright for that musical work. The legal rights associated with the song, such as the exclusive right to perform, reproduce, or distribute it, originate directly from the musician's creative act. Their authorship is the source of these protected legal rights.

Simple Definition

Auctor is a Latin term referring to the source from which a right or title originates, such as a grantor in a property transfer. It can also denote a principal, meaning a main party or one who authorizes another to act on their behalf.

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