Payment as a means of fulfilment of obligations in Spain
What is the fulfilment of the obligations? What is the payment or fulfilment of an obligation? What is the payment by compensation? Your English speaking litigation lawyer in Spain gives you the answers.
What is the fulfilment of obligations? What is the payment or fulfilment of an obligation?
What is compensation payment? How can obligations be extinguished? These are four questions that we will address in this and future blogs from our Marbella law firm.
The civil law system in Spain gives rise to the obligations in Article 1088 by providing that
“Every obligation is to give, to do or not to do something”
And Article 1089 which states that
“Obligations arise from the law, from contracts and quasi-contracts, and from wrongful acts or omissions or any kind of fault or negligence”.
Common to all these obligations are the causes of extinction of the obligations in Article 1156 which, by listing numerus apertus, as they leave aside other causes such as prescription, address the following: