quantum meruit

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quantum meruit

(pronounced like “merit”) Means “as much as he deserves.” It is the principle that if someone has benefited from the work and goods of another, but without a formal contract,then the one supplying the labor or materials is entitled to a reasonable compensation as long as they did not lead the other to believe it would be free.The theory arises often in construction projects, which seem to have a high percentage of people working on a handshake and an implied understanding of the normal fees in the area.

References in periodicals archive ?
A home remodeling contractor who has entered into an oral contract for home remodeling, in violation of section 15 of the Home Repair and Remodeling Act (815 LLCS 513/1 et seq), may not only seek recovery under a theory of in quantum meruit but also enforce the oral contract, the Illinois Supreme Court has held.
In this case, a Miller Act surety in a connection with a construction project sought to recover in quantum meruit the amount over the original contract price that it was required to pay in order to complete the project after the contractor defaulted.
The court held that she was entitled to damages in quantum meruit equal to one third of the farm's value (after subtracting its original cost and renovation expenses).
The law requires that the broker recover for its services in quantum meruit in order to avoid unjust enrichment of the tenants at the broker's expense.
Therefore, recovery in quantum meruit is said to be based upon the "assent" of the parties and, being contractual in nature, it sounds in law.