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Legal Studies
Reference:

Security of Obligations Applicable During Organisation and Conduction of Property

Bronnikov Aleksei Mikhailovich

PhD in Law

-

119571, Russia, g. Moscow, ul. Leninskii Prospekt, 152, kv. 223

1742905@mail.ru

 

 

DOI:

10.25136/2409-7136.2019.1.27495

Review date:

24-09-2018


Publish date:

07-02-2019


Abstract.

In his article Bronnikov analyzes the pledge that is mandatory for applicants seeking participation in the bidding as the means of security of the bidding. He also compares it to the security payment. Comparing the legal peculiarities of these means of obligations' security, the author of the article comes to the conclusion that unlike the pledge, the security payment better suits for the role of security of obligations during the bidding. Just so, the security payment does not require a written contract to be concluded, thus the fact of making the security payment by an applicant seeking participation in the bidding may be already acknowledged as the contract conclusion. Moreover, the return of the security payment in case the bidding process organizer declines the offer does not contradict to the eforcement function that it has (unlike in case of the pledge). The methodological basis of the research is a set of general research methods such as systems analysis, synthesis, clarification and abstraction, generalisation of research concepts and legal material, systems structured analysis, logical and analytical method. The researcher describes specific features of using the security payment in the process of the organisation and conduction of the bidding and proves that the security payment is a good alternative to the pledge. The use of the security payment creates additional guarantees for the bidding process organizer including the guarantee of fair practices of all bidding participants who are ready to submit the security payment instead of the pledge. 

Keywords: sale of property, bidding, entrepreneurship, obligatons, law theory, deposit, security deposit, security of obligations, pledge legal relationships, pledge
This article written in Russian. You can find full text of article in Russian here .

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