Rabu, 27 Juni 2018

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Contracts: What is a condition subsequent? - YouTube
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The next condition is an event or state that ends something else. The next condition is often used in the legal context as a marker to terminate a person's legal rights or obligations. A subsequent condition may be an event or circumstance that must (1) occur or (2) fail to continue to occur.


Video Condition subsequent



Example

A subsequent condition may be an event or circumstance that must (1) occur or (2) fail to continue to occur.

The first example, a condition that must happen to end something else:

  • "When it runs out of fuel, the fire will subside."

The second example, a condition that must fail to happen to end something else:

  • "As long as I have fuel, the fire will continue."

In both cases, running out of fuel is a condition after continuation of fire.

Maps Condition subsequent



In law

A further condition is recorded for general use in law.

In contract law

In contract law:
A contract may be frustrated at the occurrence of the following conditions: in contract to provide music room for musical performances, burning music hall can thwart the contract and automatically make it end. Taylor v Caldwell 3 B. & amp; S. 826, 122 Eng. Rep. 309 (1863)

In the property law

In law property:

Main article: Fee is subject to the next simple condition

Land rights may be disconnected by further conditions. When the right to land is subject to subsequent conditions, this creates an irreversible cost called a fee subject to subsequent conditions.

In such costs, the future interest is called "reentry right" or "entry right." There, a modest fee in accordance with the next condition does not end automatically after the occurrence of the condition, but if a predetermined future event occurs, the grantor has the right to retake his property (as opposed to it returning to him automatically). Again, the right to enter is not automatic, but must be done to stop the costs subject to subsequent conditions. To exercise entry rights, the holder must take substantial steps to restore ownership and title, for example, by filing a lawsuit.

One of the languages ​​used to make modest fees depends on the next condition and entry rights are "to A, but if A sells alcohol on the ground, then the giver has the right to reenter."

Common uses include languages ​​like "maybe", "but if", "but", or "as long as..."

PROPERTY D SLIDES National Grammar Day The past, the present, and ...
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Compared to precedent conditions

In comparison, a subsequent condition brings the task of temporarily terminating a condition that precedes starting a task.

Slide Set Fourteen: Real Property: Interests in Land â€
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See also

  • Condition precedent
  • Required conditions
  • Sufficient conditions

Source of the article : Wikipedia

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