Condition Subsequent An event or state of affairs that, if it happens, defeats or modifies an existing arrangement or discharges an existing duty.
Condition Subsequent definition: A condition in a contract that causes the contract to become invalid if a certain event occurs. A condition in a contract or will that causes the contract to become invalid if a certain event occurs.
Condition Subsequent An event or occurrence of a specified thing that will lead to an end of something.This event can be said to a concluding in nature and it completes the event.
Condition Subsequent: A condition in a contract that causes the contract to become invalid if a certain event occurs.
condition subsequent n. 1) in a contract, a happening which terminates the duty of a party to perform or do his/her part. 2) in a deed to real property, an event which terminates a person's interest in the property.
Fee simple on condition subsequent Definition - : a defeasible fee that may be terminated by the grantor or assigns upon the occurrence of an event ...
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.
A conveyance in fee, reserving a life estate in a part of the land, and made upon condition that the grantee shall pay certain sums of money at divers times to several persons, passes the fee upon condition subsequent.
Potentially subject to defeat, termination, or annulment upon the occurrence of a future action or event, or the performance of a condition subsequent.
See also: Condition, Law, Action, Case, Will
 
|