Condition Precedent

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Legal Definition and Related Resources of Condition Precedent

Meaning of Condition Precedent

It is a condition which delays the vesting of a right until an event happens. In real estate law, it is a fact or event which must exist or happen before a right becomes vested. Wein Consolidated Airlines v C.I.R., (C.A.9)528 F.2d 735. In relation to contracts, the term refers to an event or an act which must happen or be performed before a right can accrue to enforce an obligation dependent upon the happening or performance thereof against another in favor of one claiming such right. See Partlow v Matthews, 261 P.2d 394, 43 Wash. 2d 398.

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(2013, 02). Condition Precedent Retrieved 06, 2015, from
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  • Article Name: Condition Precedent
  • Author: Dictionary Definitions
  • Description:

    It is a condition which delays the vesting of a right until an event happens. In real estate law, it is a fact or event [...]

This entry was last modified: February 5, 2013

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