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”. Usually, it relates to conclusion, (mutual) confirmation. At the sphere of Law of Contracts in some legal systems, it refers to the intentions of the parties to enter into contractual obligations. Namely an agreement with the role of Law between them. Within all legal systems, without animus contrahendi there cannot be a contract.
At the sphere of Law of Contracts, it refers to the intentions of the parties to enter into contractual obligations and to conclude an agreement. Namely an agreement with the role of Law between them. Within all legal systems, without animus contrahendi, there also cannot be a creation of a binding contract. In the standard situation, every negotiating party will agree to perform particular obligations towards the other party. In exchange, they will gain benefit. For example, in the conveyance procedures, on the basis of animus contrahendi a buyer signs a private purchase contract. Where the buyer agrees to pay a certain price. On the opposite, the seller agrees to transfer Title of property against receipt of this price.