Simple English definitions for legal terms
Read a random definition: CPS
Laesio enormis is a legal term that means selling something for less than half its real value. If this happens, the seller can cancel the sale, but the buyer can keep the item by paying the full value. This rule usually applies to land sales. It can also apply to contracts where one party gets twice the value of the other party's money or property. If this happens, the injured party can ask for the contract to be canceled or for compensation. This rule is used in many countries to make sure contracts are fair.
Definition: Laesio Enormis (lee-shee-oh i-nor-mis) is a term used in Roman and civil law to describe the sale of a thing for which the buyer paid less than half its real value. It can also refer to the injury sustained by one party to an onerous contract when the overreaching party receives twice the value of that party's money or property.
Examples:
The examples illustrate how laesio enormis is used to protect parties from unfair contracts or sales. If a buyer pays significantly less than the real value of a property, the seller can rescind the sale or the buyer can pay the full value to keep the property. Similarly, if a seller receives significantly more than the value of the property sold, the injured party can seek relief under laesio enormis. This doctrine is used to ensure that contracts and sales are fair and equitable for all parties involved.