On a Condition Subsequent?
A Condition Subsequent Is an Event or State of Affairs That, If It Occurs, Will Terminate One Party's Obligation to the Other. for Example, a Contract Might...
A condition subsequent is an event or state of affairs that, if it occurs, will terminate one party's obligation to the other. For example, a contract might state something like: the client will pay for the haircut, unless the hairdresser does not perform the haircut.
What is the difference between condition subsequent and precedent?
A condition precedent is one the fulfillment of which completes an inchoate title. A condition subsequent is one of the fulfillment of which extinguishes a title already completed.
What is condition subsequent in real estate?
all words any words phrase. 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.