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What is a condition precedent in property law?

condition precedent. n. 1) in a contract, an event which must take place before a party to a contract must perform or do their part. 2) in a deed to real property, an event which has to occur before the title (or other right) to the property will actually be in the name of the party receiving title.

Does written notice include email UK?

A Notice to Quit served by email or text should be valid providing the Notice contains all the required information and has been received by the intended recipient. Many tenancy agreements specify how a Notice to Quit should be served so if in doubt, check your agreement.

What is the difference between a condition precedent and a condition?

A condition precedent is a condition or an event that must occur before a right, claim, duty, or interests arises. A condition precedent is contrasted with a condition subsequent. In a contract, a condition precedent is an event that must occur before the parties are obligated to perform.

What happens when a condition precedent is not met?

What happens if a condition precedent is bdocHubed? If there is a bdocHub of a condition precedent (that is, a failure to satisfy the condition) the contract or certain contractual obligations will not come into force. In some situations, failure to meet the condition precedent means there is no binding contract.

What is a provision in an agreement?

A contract provision is a stipulation within a contract, legal document, or a law. A contract provision often requires action by a specific date or within a specified period of time. Contract provisions are intended to protect the interests of one or both parties in a contract.

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