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Simple English definitions for legal terms
confirmor
Read a random definition: working papers
A quick definition of confirmor:
A confirmor is someone who gives formal approval or verifies something. In the past, it referred specifically to the person who granted a deed of confirmation. This type of deed made a voidable estate certain or increased a particular estate. In commercial law, a bank can also provide confirmation by agreeing to honor a letter of credit issued by another bank.
A more thorough explanation:
Definition: A confirmor is the person who grants a deed of confirmation.
Explanation: A deed of confirmation is a legal document that confirms or ratifies a voidable estate or increases a particular estate. The confirmor is the person who grants this document.
Example: John inherited a property from his father, but the title was not clear. To make the title clear, John's father's business partner, who was the confirmor, granted a deed of confirmation to John.
Another example: A bank issues a letter of credit to a customer, but the customer wants to make sure that the letter of credit is valid. The customer can request a silent confirmation from another bank, which confirms the validity of the letter of credit without involving the issuing bank.
Illustration: In both examples, the confirmor is the person or entity that grants the confirmation. The deed of confirmation in the first example and the silent confirmation in the second example both serve to make something certain or valid.