Contractual Benefit
/kənˈtræktʃuəl ˈbɛnɪfɪt/
Definitions
- (n.) An advantage or right granted to a party under the terms of a contract.
The contractual benefit promised to the tenant includes access to parking facilities.
Forms
- contractual benefit
- contractual benefits
Related terms
See also
Commentary
The term emphasizes benefits explicitly stipulated by the contract, distinct from incidental or implied advantages.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.