Nominate Contract Law and Legal Definition

In Civil law, nominate contract is a contract distinguished by a particular name, such as sale, insurance, or lease. The use of these terms determines some of the rules governing the contract and the contractual rights of the parties without the need for special stipulations. Nominate contracts are generally classified into four categories: (1) real, (2) oral, (3) literal, and (4) consensual. Real contracts arise from something done. Oral contracts arise from something said, literal contracts arise from something written and consensual contracts are formed from something agreed to.