Unconditional Grant
/ˌʌnkənˈdɪʃənəl ɡrænt/
Definitions
- (n.) A transfer or conveyance of property or rights made without conditions or reservations, effective immediately and absolutely.
The donor executed an unconditional grant of the property to the beneficiary.
Forms
- unconditional grant
Related terms
See also
Commentary
An unconditional grant differs from conditional grants by lacking requirements to fulfill, ensuring clear and immediate transfer of rights.
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.