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Condition precedent

Law ConditionCondition subsequent

Condition Precedent An event or state of affairs that must occur before something else will be required to occur. In a contract, a condition precedent is an event that must take place before the parties must perform the agreement.

 


Condition Precedent
An event or occurrence of a specified thing that is required to happen to perform a particular task.Example- n a contract certain conditions specified in the contract must be fullfiled by the parties.
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Condition Precedent:
A contractual condition that is required to be met before a contract can be completed.
Condition Subsequent:
A condition in a contract that causes the contract to become invalid if a certain event occurs.

Condition precedent
A contractual condition that suspends the coming into effect of a contract unless or until a certain event takes place.

condition precedent
n. 1) in a contract, an event which must take place before a party to a contract must perform or do their part. 2) in a deed to real property, ...

condition precedent
A condition which delays the coming into effect of a right (usually under a contract) until that condition is fulfilled.
conduct money ...

Condition precedent
Definition -
: a condition that must be fulfilled before performance under a contract can become due, an estate can vest, or a right can become effective
Pronunciation-pri-'sEd-nt, -'pre-s&-d&nt ...

A condition precedent is one which must be performed before the estate will vest, or before the obligation is to be performed.

Expanded Legal Definition of Common LawCondition Precedent A contractual condition that suspends the coming into effect of a contract unless or until a certain event takes place.

In most countries a lengthened sojourn is a condition precedent to naturalization.

A warranty being in the nature of a condition precedent, must be strictly and literally complied with; but it is sufficient if the representation be true in substance, whether a warranty be material to the risk or not, ...

This may also refer to contingent conditions, which come under two categories: condition precedent and condition subsequent. Conditions precedent are conditions that have to be complied with before performance of a contract.

remainder subject to a condition precedent
remainder subject to divestment
remainder subject to open ...

A body may not be retained by an undertaker as security for unpaid funeral expenses, particularly where a body has been kept without authorization and payment is demanded as a condition precedent to its release.

Most courts require as a condition precedent to granting rescission that it be possible to restore the parties to their status quo, i.e., that after rescission they be in much the same condition as before.

See also: Condition, Precedent, Law, Contra, Will

Law ConditionCondition subsequent

 
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