condition precedent
Noun
This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.003
Noun
condition precedent
- (legal) a condition imposed on an agreement that must be satisfied before property is transferred between parties.
- (legal) a condition depending upon an uncertain event which must be fulfilled before an obligation arises or a legal transaction takes effect.
- French: condition suspensive
- German: aufschiebende Bedingung
- Italian: condizione sospensiva
- Portuguese: condição suspensiva
- Spanish: condición suspensiva
This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.003