interest upon condition subsequent

A vested interest subject to be divested. Anno: 71 ALR 1053, 1054.

Ballentine's law dictionary. . 1998.

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  • condition subsequent — A condition in a contract which follows liability upon the contract and operates to defeat or annul such liability upon the subsequent failure of the other party to comply with its terms. 17 Am J2d Contr § 323: in the law of estates, a condition… …   Ballentine's law dictionary

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