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Condition Subsequent

A Dictionary of Law · Henry Campbell Black · 1891

A Dictionary of Law

A condition subsequent is one referring to afuture event, tipon the happening of whieh the obligation becomes no longer binding upon the other party, if he chooses to avail himself of the condition.

Civil Code Cal, § 1438.

A condition annexed to an estate already vested, by the periormance of which such estate is kept and continued, and by the fail. ure or noo-periormance of whichit is defeated.

Co. Litt. 201; 2 Bl. Comm. 154.