Law on Obligations

Debt collection and Compensation

Unenforceability of the claims for damages

A right to request fulfilment of an obligation shall come to an end if time barred by statute of limitations. Unenforceability due to the statute of limitations shall follow the expiration of the period specified by statute during which the creditor was entitled to request fulfilment of the obligation. The court shall not consider the…
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Law on Mediation in Dispute Resolution

Procedure of mediation in resolving disputes

The Law on Mediation in Dispute Resolution (“Off. Herald of RS”, No. 55/2014) regulates the notion, principles, procedure and legal effect of mediation in resolving disputes, requirements for carrying out mediation, rights and duties of a mediator and training program for mediators. Mediation is understood to mean any procedure, regardless of the name, whereby the…
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Null and Void Contracts and Rescindable Contracts

Invalidity of the Contracts

All contracts to be considered legal and produce legal effects must meet certain conditions: the declaration of the intention must be given by a person who has the necessary legal capacity, serious – made to produce the legal effect, and not for any other purpose, free (that there is no defect of consent) – delusion,…
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Law of the Contract and Torts

Order

By the provisions of Articles from 749 to 770 of the Law of the Contract and Torts shall be regulated the notion of the contract of order, obligations of the person accepting the order and the orderer related to performing of order as well as the reasons for termination of the order. By a contract…
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Law of Contract and Torts

General rules of fulfilment of obligations

An obligation shall be terminated after being fulfilled, as well as in other cases provided by law. According to provisions of the Law of Contract and Torts, other cases of termination of obligations are offsetting (compensation), remission of debt, substitution (innovation), integration (merger), the impossibility of fulfilment, flow of time, notice and death. The termination…
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Law on Contracts and Torts

Contract of construction

A contract of construction shall be a contract for services by which a contractor assumes the obligation to construct, according to a specific plan and within a stipulated time limit, a specific building on an agreed building site, or to perform on such building site, or on an already existing facility, some other civil engineering…
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