Legal Definitions - de una parte

De una parte is a legal term meaning "of one party." It describes a legal document or action that primarily originates from, or is executed by, a single individual or entity, even if it affects other parties.

Here are some examples to illustrate this concept:

• Last Will and Testament: When an individual creates a will, they are making a unilateral declaration about how their assets should be distributed after their death. The will is a document de una parte because it reflects the sole wishes and instructions of the person making the will (the testator), without requiring the immediate agreement or signature of the beneficiaries or other parties involved in its creation.

  This illustrates de una parte because the entire document and its legal effect stem from the singular act and intent of the testator.

• Deed of Gift: Imagine a grandparent who decides to transfer ownership of their vacation home to their grandchild as a gift, without receiving any payment or consideration in return. The grandparent signs a deed that formally transfers the property. This deed is considered de una parte because the act of granting the property originates solely from the grandparent (the donor), who is unilaterally giving something away.

  This demonstrates de una parte as the transfer of property is initiated and executed by one party (the donor) without a reciprocal exchange or agreement from the recipient at the moment of the grant.

• Declaration of Trust: A person might create a formal document declaring that they hold certain assets (like a bank account or shares) in trust for the benefit of another person, such as a child. In this scenario, the individual creating the trust (the settlor) unilaterally declares themselves the trustee and outlines the terms under which they will manage the assets for the beneficiary. This declaration is de una parte because it is a statement and commitment made by one party.

  This example shows de una parte because the legal framework for the trust is established by the singular declaration of the settlor, even though it creates obligations towards a beneficiary.