condition

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condition

A future and uncertain event that determines whether or not there will be a contractual obligation or liability. Conditions may be express or implied, possible or impossible, lawful or unlawful, affirmative or negative, precedent or subsequent, positive or negative, and, finally, single, copulative,or disjunctive.Each type of condition has different legal consequences.

Examples of the most common types encountered in real estate are

• Express. If the purchaser cannot obtain financing, the purchaser may cancel the contract.

• Implied. If the seller burns down the house the day before closing, the purchaser may cancel the contract.

• Lawful. If the broker produces a buyer willing and able to pay the asking price, the seller will pay a commission of 6 percent of that price.

• Unlawful. If the broker produces a buyer willing and able to pay at least $125,000, the broker will be paid all the purchase price in excess of $125,000.

References in periodicals archive ?
Coccidian oocyst parasitism in the Blue-black Grassquit: influence on secondary sex ornaments and body condition.
Influence of body condition score on relationships between metabolic status and oxidative stress in periparturient dairy cows.
Bucks should be evaluated once again for health and body condition.
Kids weights at various ages (birth, 30, 60, 90 and 120 days) as influenced by breed, body condition score, season, sex, litter size and parity are shown in Table 2.
If dynamics of populations of mule deer are responses to characteristics of forage and resultant physiological mechanisms, evidence for an effect of resource limitation should be apparent in indices of body condition.
Lameness is an on-going problem in a large proportion of our flocks, and has a significant influence on body condition," she added.
Energy reserves were estimated based on the body condition scoring (BCS) scale of 1 (thin) to 5 (obese) points with 0.
He and his team had hoped the color marking would provide an inexpensive means for evaluating the effects of body condition on spring migration.
Lucky has a body condition score of five, the highest and mostworrying score that can be given.
Coming into colder weather and faced with the hard work of hunting season, I feel it is a good time to discuss how energy requirements affect feeding to maintain good health, proper body condition and endurance for a productive hunting dog.
If you can see the glimmer from the body's surface, you could see the whole body condition," said researcher Masaki Kobayashi, a biomedical photonics specialist at the Tohoku Institute of Technology in Sendai, Japan.
Sex, age, body condition score, pregnancy status, lactation status, weight, and forearm length were recorded.