There are two types of conditions in contracts: condition precedents and conditions subsequent. A condition precedent must be fulfilled before title or an interest transfers, while a condition subsequent allows title or an interest to initially transfer but be extinguished if the condition is not met later. Conditions precedent delay the vesting of title until the condition is performed, while conditions subsequent allow immediate vesting but the interest can be divested if the condition is broken.
There are two types of conditions in contracts: condition precedents and conditions subsequent. A condition precedent must be fulfilled before title or an interest transfers, while a condition subsequent allows title or an interest to initially transfer but be extinguished if the condition is not met later. Conditions precedent delay the vesting of title until the condition is performed, while conditions subsequent allow immediate vesting but the interest can be divested if the condition is broken.
There are two types of conditions in contracts: condition precedents and conditions subsequent. A condition precedent must be fulfilled before title or an interest transfers, while a condition subsequent allows title or an interest to initially transfer but be extinguished if the condition is not met later. Conditions precedent delay the vesting of title until the condition is performed, while conditions subsequent allow immediate vesting but the interest can be divested if the condition is broken.
There are two types of conditions in contracts: condition precedents and conditions subsequent. A condition precedent must be fulfilled before title or an interest transfers, while a condition subsequent allows title or an interest to initially transfer but be extinguished if the condition is not met later. Conditions precedent delay the vesting of title until the condition is performed, while conditions subsequent allow immediate vesting but the interest can be divested if the condition is broken.
Difference / Distinction between Condition Precedent and Condition
Subsequent
No. Condition Precedent Condition Subsequent
1) A condition precedent is one the A condition subsequent is one of the
fulfillment of which completes an fulfillment of which extinguishes a inchoate title. title already completed.
2) A condition precedent always A condition subsequent always
comes before the creation of an follows the vesting of an interest interest. which is already complete.
3) In the case of Condition precedent, In the case of condition subsequent,
the vesting of the estate is vesting is complete and not postponed till the performance of postponed. the condition precedent.
4) In the case of condition precedent, In the case of condition subsequent,
an interest once vested can never interest, even though vested, is liable be divested by reason of non- to be divested by reason of the non- fulfillment of the condition. fulfillment of the condition. 5) In the case of condition precedent, In the case of condition subsequent, an estate is not in the grantee until the estate immediately vests in the the condition precedent is grantee and remains in him till the performed. condition is broken.
6) In the case of condition precedent, In the case of condition subsequent ,
transfer will be void if the the transfer becomes absolute and condition precedent is impossible the condition will be ignored if that to performance, or immoral or condition is impossible of opposed to public policy. performance or immoral or against to public policy.
7) In the case of condition precedent, In the case of condition subsequent,
the condition precedent must be it need not be so and the invalidity valid in law. of the conditions can be ignored.
8) In the case of condition precedent, The doctrine of cypress does not
the doctrine of cypres applies and apply. the condition precedent is fulfilled if it is subsequently complied with.