novation

• Término jurídico que designa la sustitución de una obligación o contrato existente por uno nuevo, generalmente con el consentimiento de las partes, pudiendo implicar cambio de deudor, acreedor o modificación de la deuda.

A legal term referring to the substitution of a new obligation or contract for an existing one, typically involving the replacement of one party with the consent of the other.

1. Legal replacement of an obligationC1formallegal

   The act of replacing an existing contract or obligation with a new one, often involving a change of parties, by mutual agreement.

   Novación

   • The parties agreed to a novation, substituting the original debtor with a new one.
   • A novation effectively extinguishes the old contract and creates a new one.
   • The lawyer drafted a novation agreement to transfer the rights and duties.

   Sinónimosreplacementsubstitution