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Samuel Bebow
on Nov 21, 2024

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Conditions precedent, conditions subsequent and nominal conditions are the three types of conditions allowed in a contract.

Conditions Precedent

Specific conditions outlined in a contract that must be met before a party is required to fulfill their part of the agreement.

Conditions Subsequent

Contractual clauses that stipulate certain events or actions must occur or fail to occur, which will terminate an existing obligation or contract.

Nominal Conditions

Conditions in name only, having little to no impact on the terms or outcome of a contract or agreement.

  • Comprehend the role of conditions in contract enforcement and performance.
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Samantha ReyesNov 23, 2024
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