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Tag: condition precedent

Condition Precedent

March 30, 2017 by: Content Team

The term condition precedent refers to something that must happen, or a circumstance that must exist, before something else will happen. This is a common issue in contract law, where one party is to perform his duties under the contract only after the other party has performed his. For instance, Bob will install the new air conditioner at Jack’s home […]

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