How Do You Spell CONDITION SUBSEQUENT?

Pronunciation: [kəndˈɪʃən sˈʌbsɪkwənt] (IPA)

Condition subsequent is a legal term used to describe a clause that indicates an event or condition that must take place after a contract has been created. The pronunciation of this term is /kənˈdɪʃən sʌbˈsikwənt, -ˈsɛkwənt/. The word "condition" is pronounced with a schwa sound in the first syllable followed by the stress on the second syllable. "Subsequent" is pronounced with the stress on the second syllable, and the "b" is silent. It's important to get the spelling right when using legal terminology to ensure accuracy in communication.

CONDITION SUBSEQUENT Meaning and Definition

1. Condition subsequent refers to a legal term used in contracts and agreements. It is a condition or event that, if it occurs or fails to occur, has the power to terminate, modify, or suspend the obligations and rights of the parties involved in the agreement or contract. The condition subsequent is typically stated explicitly within the contract or agreement and is of significant importance in determining the legal consequences.

   In simpler terms, a condition subsequent is a future event or circumstance that, if it takes place, can alter the rights and obligations of the parties involved, effectively ending or modifying the contract. This condition acts as a trigger, causing the contract to be terminated or modified. If the condition is met, the contract ceases to be in effect, and the parties may be released from their obligations.

   For example, in a lease agreement, there could be a condition subsequent that states the contract will be terminated if the tenant fails to pay the rent for two consecutive months. In this case, the non-payment of rent triggers the condition subsequent, resulting in the termination of the lease agreement.

   Overall, a condition subsequent is a vital factor in contract law as it outlines the events or circumstances capable of affecting the validity and continuation of contracts or agreements. It helps provide clear guidelines and consequences for the parties involved, ensuring accountability and legal certainty in contractual relationships.

Etymology of CONDITION SUBSEQUENT

The terms "condition" and "subsequent" have distinct etymologies.

The term "condition" comes from the Latin word "condicio" which means "agreement" or "term". In English, it began to be used in the 14th century to refer to a term or requirement upon which something depends. Over time, "condition" also developed the meaning of a state or circumstance in which something exists.

The word "subsequent" comes from the Latin word "subsequentem" which means "following closely". The Latin "subsequi" means "to follow" or "to come after". In English, "subsequent" began to be used in the late 16th century to describe something that occurs or comes after something else in time or order.

When combined, "condition subsequent" refers to a particular type of condition or requirement that comes after a certain event or circumstance.