condition subsequent

condition subsequent
: a condition whose fulfillment invalidates or modifies an estate, right, or contract previously vested or in effect (as when a horse is bought on condition that he prove sound)

Useful english dictionary. 2012.

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  • Condition subsequent — refers to an event or state of affairs that brings an end to something else. A condition subsequent is often used in a legal context as a marker bringing an end to one s legal rights or duties. A condition subsequent may be either an event or a… …   Wikipedia

  • condition subsequent — see condition Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. condition subsequent …   Law dictionary

  • condition subsequent — conˌdition ˈsubsequent noun [countable] LAW a condition that exists until a particular event happens, for example payment of a pension until someone dies * * * condition subsequent UK US noun [C] (plural conditions subsequent) ► LAW an event or a …   Financial and business terms

  • condition subsequent — A condition in a contract which follows liability upon the contract and operates to defeat or annul such liability upon the subsequent failure of the other party to comply with its terms. 17 Am J2d Contr § 323: in the law of estates, a condition… …   Ballentine's law dictionary

  • condition subsequent —    In a contract, an event that terminates the duty of a party to perform or do her or his part. For example, if a company closes a branch, a supplier will not be required to make contracted deliveries to the branch …   Business law dictionary

  • fee simple subject to condition subsequent — fee simple subject to condition subsequent: fee simple on condition subsequent at fee simple Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • fee simple on condition subsequent — see fee simple Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • estate on condition subsequent — See condition subsequent …   Ballentine's law 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

  • subsequent — sub·se·quent / səb si kwənt, ˌkwent/ adj: following in time, order, or space see also condition subsequent at condition compare precedent Merriam Webster’s Dictionary of Law …   Law dictionary

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