Legal Definitions - valeat quantum

VALEAT QUANTUM

Valeat quantum is a Latin term used in law that means "for as much as it is worth."

1. A person sells a used car to another person and says, "I am selling this car as is, valeat quantum." This means that the buyer is purchasing the car in its current condition and the seller is not responsible for any issues that may arise after the sale.

2. In a legal settlement, one party agrees to pay the other party a certain amount of money, valeat quantum. This means that the payment is only for the amount agreed upon and does not include any additional compensation or damages.

The term valeat quantum is used to indicate that something is only worth what it is currently valued at, and nothing more. In the examples given, the term is used to clarify the terms of a sale and a legal settlement. In both cases, the parties involved are agreeing that the item or payment is only worth what is currently being offered, and nothing more.