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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 ?
Comparison of a classical with a highly formularized body condition scoring system for dairy cattle.
Body measurements and body condition scoring as parameters for estimation of live weight in Nili Ravi buffalo Tropentage, September 19-21, 2012 Gottingen- Kassel/ Witzenhausen.
Variables and data organisation: During three-year study (2008-2010), we performed body condition scoring monthly from one month before calving to 3 month after parturition using the technique developed by Edmonson et al.
It will be useful to employ Body Condition Scoring (BCS) to ensure that animals do not just have a large rumen but are also carrying sufficient flesh and reserves.
This included the condition scoring of ewes after weaning, then grouping the ewes to give better grass to the twins.
Expert speakers, David Keiley from the Scottish Agricultural College and Paul Macer from Kite, stressed the importance of body condition scoring cows regularly and reacting early, ensuring they were on target to calve down at condition score three.