- estate on condition precedent
- See condition precedent.
Ballentine's law dictionary. Anderson, W.S.. 1998.
estate on condition precedent
Look at other dictionaries:
Condition precedent — refers to an event or state of affairs that is required before something else will occur. In contract law a condition precedent is an event which must occur, unless its non occurrence is excused, before performance under a contract becomes due, i … Wikipedia
Condition precedent — Precedent Pre*ced ent, a. [L. praecedens, entis, p. pr. of praecedere: cf. F. pr[ e]c[ e]dent. See {Precede}.] Going before; anterior; preceding; antecedent; as, precedent services. Shak. A precedent injury. Bacon. [1913 Webster] {Condition… … The Collaborative International Dictionary of English
Condition Precedent — A legal term describing a condition or event that must come to pass before a specific contract is considered in effect or any obligations are expected of either party. There may also be condition precedents in the ongoing life of a contract,… … Investment dictionary
condition precedent — A condition which is precedent either to the existence of a contract (17 Am J2d Contr § 24) or to the inception of an obligation immediately to perform a contract previously made. 17 Am J2d Contr § 321; in the law of estates, a condition which… … Ballentine's law dictionary
condition precedent — noun : a condition whose fulfillment must precede the vesting of an estate, the taking effect of a contract, or the accruing of a right … Useful english dictionary
condition — con·di·tion 1 n 1: an uncertain future act or event whose occurrence or nonoccurrence determines the rights or obligations of a party under a legal instrument and esp. a contract; also: a clause in the instrument describing the act or event and… … Law dictionary
Precedent — Pre*ced ent, a. [L. praecedens, entis, p. pr. of praecedere: cf. F. pr[ e]c[ e]dent. See {Precede}.] Going before; anterior; preceding; antecedent; as, precedent services. Shak. A precedent injury. Bacon. [1913 Webster] {Condition precedent}… … The Collaborative International Dictionary of English
condition — Verb: To put in shape, as a horse for a race, a pugilist for a match. Noun: A provision in a contract creating no right or duty of and in itself but merely limiting or modifying rights and duties under the contract. 17 Am J2d Contr § 320; a… … Ballentine's law dictionary
estate in reversion — reversion or estate in reversion /(asteyt in) ravarzhan/ A future interest under which a grantor retains a present right to a future interest in property that the grantor conveys to another; usually the residue of a life estate. The residue of an … Black's law dictionary
estate — The degree, quantity, nature, and extent of interest which a person has in real and personal property. An estate in lands, tenements, and hereditaments signifies such interest as the tenant has therein. 2 Bl.Comm. 103. The condition or… … Black's law dictionary
