voidable

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Voidable

Describing a contract that comes into force, but which a court may or is likely to nullify it before its completion. A voidable contract may (but does not necessarily) violate the law. See also: Rescission.
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voidable

Capable of being set aside and rendered not enforceable, but not inherently without legal effect. Contracts made by minor children are voidable when they reach the age of majority, but are not automatically void. Contrast with void.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.