Legal Definitions - ante redditas rationes

ANTE REDDITAS RATIONES

Ante redditas rationes is a Latin term used in Scots law, which means "before accounts are rendered." It refers to the legal requirement that a tutor (a person appointed to manage the affairs of a minor) must provide an accounting of the ward's estate before filing an action against the minor to recover payments.

For example, if a tutor had been managing the estate of a minor and had made payments on their behalf, they could not sue the minor for repayment until they had provided a detailed account of all the transactions made on behalf of the minor.

Another example could be a business partnership where one partner wants to sue the other for breach of contract. Before filing the lawsuit, the partner must provide a detailed account of all the financial transactions made between the partners.

The examples illustrate the legal requirement of providing an accounting of all the financial transactions made before filing a lawsuit. This ensures that the other party has a clear understanding of the financial situation and can defend themselves against any claims made by the other party. It also helps to prevent any fraudulent claims or mismanagement of funds by the party filing the lawsuit.