What Is Legal Novation?
Understanding the Concept Legal novation refers to the substitution of an existing contractual obligation with a new one, effectively extinguishing…
Hamit Sahin is the founder and editor of LegalTerms.net. He researches U.S. legal terminology and publicly available legal information using statutes, court rules, judicial opinions, government publications, and established legal reference sources. His work focuses on organizing complex legal concepts into clear, plain-English explanations for general educational purposes. Hamit is not an attorney and LegalTerms.net does not provide legal advice.