Malta’s Civil Law is based on the Roman legislation and encompasses the most important provisions related to the rights of individuals. Among these, is also the right to enter into various types of contracts. The Maltese civil legislation covers the following types of contracts:
The Contract Law in Malta is divided into chapters in the Civil Code, each chapter dedicated to a certain type of contract. An interesting fact is that the Maltese contract legislation has a chapter dedicated to gambling contracts. Our lawyers in Malta can offer additional information on the Contract Law.
According to the Contract Law in Malta, a contract is agreement between at least to parties, individuals or companies, which creates obligations for each parties. Contracts can also be signed in case of dissolution of certain understandings. The contract legislation also stipulates that agreements can be concluded in a written or an oral form, however, nowadays most agreements, especially those concluded between Maltese companies are written.
The Maltese contract legislation is very strict about the mental capacity of individuals of entering agreements, and specifies that a contract becomes invalid if the agreement is concluded with a disabled individual.
The Maltese Contract Law provides for the following elements to attest to the validity of any type of agreement:
Contracts in Malta can be subject to various conditions. The law also stipulates that conditions can be different based on when it becomes enforceable. Also, the conditions depend on the type of contract the parties have signed. It must be taken into account that other laws, such as the Commercial or the Employment Law, also contain specific provisions on the contracts related to these areas of the law.
For complete information on the Contract Law, please contact our attorneys in Malta.
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