Obligee: A Comprehensive Guide to Legal Definitions and Implications

Definition & Meaning

An obligee is a person or entity that is entitled to receive a specific act or payment from another party. This obligation often arises from a contract or legal agreement, such as a promissory note. In family law, the term is commonly used to refer to a parent who is granted child support or alimony payments from the other parent. The party responsible for making these payments is known as the obligor.

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Real-world examples

Here are a couple of examples of abatement:

Example 1: In a divorce case, a mother is designated as the obligee and is entitled to receive monthly child support payments from the father, who is the obligor.

Example 2: A lender is an obligee in a loan agreement, expecting the borrower to fulfill their obligation to repay the loan amount (hypothetical example).

State-by-state differences

Examples of state differences (not exhaustive):

State Child Support Guidelines
California Uses a formula based on income and time spent with the child.
Texas Calculates support based on a percentage of the obligor's income.
New York Follows a percentage of the combined parental income.

This is not a complete list. State laws vary, and users should consult local rules for specific guidance.

Comparison with related terms

Term Definition
Obligor The party responsible for fulfilling the obligation, such as making payments.
Debtor A person who owes a debt, often used interchangeably with obligor in financial contexts.
Promisee The person to whom a promise is made, similar to an obligee in contract law.

What to do if this term applies to you

If you are identified as an obligee in a legal agreement, it is important to understand your rights and responsibilities. You should:

  • Review the terms of your agreement to know what you are entitled to receive.
  • Keep accurate records of any payments received or owed.
  • Consider using US Legal Forms to find templates for any necessary legal documents.
  • If your situation is complex, consult a legal professional for tailored advice.

Quick facts

  • Role: Recipient of payments or obligations.
  • Common Areas: Family law, contract law.
  • Related Terms: Obligor, debtor, promisee.

Key takeaways

Frequently asked questions

The obligee is the person entitled to receive a payment or act, while the obligor is the one who must fulfill that obligation.