Simple English definitions for legal terms
Read a random definition: like-kind exchange
Permutatio: In ancient Rome, permutatio was an agreement between two people to exchange their belongings. Once one person gave their item to the other, the agreement became official. Permutationes is the plural form of permutatio.
Permutatio
Permutatio is a legal agreement between two parties to exchange goods or services. Once one party transfers ownership of their item to the other, the agreement becomes binding.
These examples illustrate permutatio because they show two parties agreeing to exchange ownership of their items. Once the exchange is complete, the agreement becomes binding.