Legal Definitions - Promisor

A Promisor is the individual or entity who makes a commitment or undertaking to another party. In a legal context, particularly within contract law, the promisor is the party who offers to perform a specific action, provide a service, or deliver something of value. Their promise creates an obligation that the other party, known as the promisee, can expect to be fulfilled.

Here are some examples to illustrate the concept of a promisor:

• Scenario: Home Renovation Project
  Imagine a homeowner, Sarah, wants to remodel her kitchen. She hires a contractor, BuildRight Inc., to complete the work. BuildRight Inc. signs a contract agreeing to demolish the old kitchen, install new cabinets, countertops, and appliances, and complete the project within eight weeks for a specified fee.

  In this situation, BuildRight Inc. is the promisor because they are making the promise to perform the renovation services. Sarah, the homeowner, is the promisee, expecting the work to be done as agreed.

• Scenario: Online Purchase
  Consider a customer, David, who orders a new laptop from an electronics retailer's website, TechGadget Store. David pays for the laptop online, and TechGadget Store sends him an email confirmation stating that the laptop will be shipped within two business days and delivered to his address.

  Here, TechGadget Store is the promisor. They are making the promise to deliver the specific laptop David ordered to his address within the stated timeframe. David, having paid for the item, is the promisee.

• Scenario: Personal Loan Agreement
  Suppose a friend, Emily, needs to borrow money to cover an unexpected expense. Her friend, Mark, agrees to lend her $1,000, and Emily promises to repay the full amount, plus a small agreed-upon interest, within three months.

  In this agreement, Emily is the promisor because she is making the promise to repay the borrowed money to Mark. Mark, who provided the funds, is the promisee, expecting Emily to fulfill her repayment obligation.