Conditional Limitation
/kən-ˈdɪʃ-ə-nəl ˌlɪmɪˈteɪʃən/
Definitions
- (n.) A provision in a legal instrument that conditions an estate or interest, causing it to end automatically upon the occurrence of a specified event.
The grant was made subject to a conditional limitation that terminated the estate if the land was used for commercial purposes.
Forms
- conditional limitations
Related terms
See also
Commentary
Conditional limitations create automatic termination of interests upon specified events, distinct from conditions precedent which must be fulfilled before an interest arises.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.