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Legal Definitions - in consideratione praemissorum
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Definition of in consideratione praemissorum
IN CONSIDERATIONE PRAEMISSORUM
in consideratione praemissorum (in kən-sid-ə-ray-shun-ee pree-mi-sor-uhm). [Law Latin] In consideration of the premises.
The term in consideratione praemissorum is a legal term that means "in consideration of the premises." It is often used in legal documents to refer to the terms and conditions that have been agreed upon by the parties involved in a contract or agreement.
- John agreed to sell his car to Jane for $10,000, in consideratione praemissorum that Jane would pay the full amount within 30 days of the sale.
- The landlord agreed to make repairs to the apartment, in consideratione praemissorum that the tenant would pay the rent on time each month.
In the first example, John and Jane have agreed to a sale of a car. The term in consideratione praemissorum is used to indicate that the sale is being made based on the terms and conditions that have been agreed upon, which include the price and the payment deadline.
In the second example, the landlord and tenant have agreed to a rental agreement. The term in consideratione praemissorum is used to indicate that the landlord has agreed to make repairs to the apartment based on the condition that the tenant pays the rent on time each month.
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Simple Definition
Term: IN CONSIDERATIONE PRAEMISSORUM
Definition: In consideration of the premises. This is a legal term that means something is being done or given in exchange for something else that has already been mentioned or agreed upon. It's like saying "because of what we've already talked about" or "based on what we've already agreed to."
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