condition precedent

listen to the pronunciation of condition precedent
English - Turkish

Definition of condition precedent in English Turkish dictionary

condition precedent to liability
(Sigorta) Emsal (teşkil eden) koşul
English - English
a condition imposed on an agreement that must be satisfied before property is transferred between parties
A condition that must be fulfilled before title can be transferred
A condition that, until it occurs, suspends the parties’ obligation to perform their contractual obligations
A condition that must be fulfilled before title Con be transferred
A legal stipulation in some contracts that one event must precede the other for the second to take place For example, in an insurance policy, the insurer is not liable unless and until the insured pays a premium At law, it is a provision in a contract stipulating that rights and duties shall arise only after the happening of an event The happening of the event is the condition precedent
Clause in a contract that requires some event to occur before the contract becomes effective
An event or action necessary before an agreement becomes binding
A contractual condition that is required to be met before a contract can be completed
A contractual condition that suspends the coming into effect of a contract unless or until a certain event takes place Many house purchase contracts have a condition precedent which states that the contract is not binding until and unless the property is subjected to a surveyor's inspection, the results of which are satisfactory to the purchaser Compare with "condition subsequent "
A condition in a contract which calls for the happening of some event, or performance of some act, before the agreement become binding on the parties
A contractual condition that suspends the coming into effect of a contract unless or until a certain event takes place Many residential real estate contracts have a condition precedent which states that the contract is not binding until and unless the property is subjected to an professional inspection, the results of which are satisfactory to the purchaser Compare with "condition subsequent"
A condition which requires something to occur before a duty becomes absolute and enforceable
A condition in a contract which calls for the happenings of some event, or performance of some act, before the agreement becomes binding on the parties
condition precedent

    Hyphenation

    con·di·tion pre·ce·dent

    Turkish pronunciation

    kındîşın presîdınt

    Pronunciation

    /kənˈdəsʜən ˈpresədənt/ /kənˈdɪʃən ˈprɛsɪdənt/
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