The term "quanti minoris" refers to a legal principle in contract law that allows a party to seek a reduction in the price of goods or services when there is a defect or a failure to meet the agreed-upon quality or quantity. Essentially, it addresses situations where the value of what was received is less than what was promised, enabling the affected party to adjust the payment accordingly.
Quanti minoris is primarily used in the context of contract disputes, particularly in civil law. It is relevant in cases involving the sale of goods, real estate transactions, and service agreements. This principle allows buyers to seek a fair adjustment in price when the delivered product or service does not conform to the contract specifications. Users can often manage these disputes themselves using legal templates available through US Legal Forms.
Here are a couple of examples of abatement:
Example 1: A buyer purchases a batch of 100 chairs, but upon delivery, discovers that 10 of them are damaged. The buyer can invoke quanti minoris to request a reduction in the total price based on the value of the damaged chairs.
Example 2: A homeowner hires a contractor to renovate a kitchen but finds that the materials used are of lower quality than specified in the contract. The homeowner may seek a price reduction for the inferior work. (hypothetical example)
| State | Application of Quanti Minoris |
|---|---|
| California | Allows for price adjustments based on defects in goods or services. |
| New York | Similar application, but specific rules may vary based on the type of contract. |
| Texas | Emphasizes the need for clear evidence of the defect to justify a price reduction. |
This is not a complete list. State laws vary, and users should consult local rules for specific guidance.
| Term | Definition |
|---|---|
| Quanti minoris | Price reduction due to defects or non-conformity in goods/services. |
| Damages | Monetary compensation for losses incurred due to a breach of contract. |
| Rescission | Cancellation of a contract, returning parties to their original positions. |
If you find yourself in a situation where the goods or services you received are not as promised, consider the following steps:
Browse our library of 85,000+ state-specific legal templates.
| Attribute | Details |
|---|---|
| Typical Fees | Varies by contract and dispute resolution process. |
| Jurisdiction | Applicable in civil law contexts across all states. |
| Possible Penalties | None directly associated, but failure to resolve may lead to further legal action. |
Document the defects, contact the seller, and request a price adjustment based on the evidence.