Animus contrahendi – this legal term comes from Latin. Literally it means “intention to conclude contract”. It is formed from the Latin word “animus”, which means intention, disposition, and “contrahendi”, which means conclusion, (mutual) confirmation. In the sphere of Law of Contracts, it refers to the intentions of the parties to enter in contractual obligations and to conclude an agreement with the role of Law between them. In all legal systems, without animus contrahendi, there cannot be creation of binding contract. In the standard situation, every negotiating party will agree to perform particular obligations towards the other party, in exchange of some benefit. For example, in the conveyance procedures, on the base of animus contrahendi a buyer signs a private purchase contract with the seller, where the buyer agrees to pay certain price, and the seller – to transfer Title of property against receipt of this price.
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