Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

executory covenant

Read a random definition: conclusion of law

A quick definition of executory covenant:

An executory covenant is a promise made in a contract that has not yet been fully performed. It is a type of agreement that requires one party to do something in the future. For example, an executory covenant in a real estate contract may require the buyer to make certain improvements to the property within a specified time frame. Until the covenant is fully performed, it remains an executory covenant.

A more thorough explanation:

Definition: An executory covenant is a type of covenant that remains unperformed in whole or in part. It is a formal agreement or promise, usually in a contract, that has not yet been fulfilled.

Example: A real estate developer may make an executory covenant with a buyer to build a community center within a certain timeframe. Until the community center is built, the covenant remains executory.

This example illustrates how an executory covenant is a promise that has not yet been fulfilled. The real estate developer has made a commitment to build the community center, but until it is completed, the covenant remains executory.

executive session | executory devise

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
i just want a cornell ii :(
13:37
yak you will be fucking shit up at cornell this time next year dw
i love u
13:38
love you too bby
glovediedthisishismom
13:42
what if desantis appoints lara trump and matt gaetz to be floridas senators
Dkk
13:42
Sounds good to me
HopefullyInLawSchool
13:43
@glovediedthisishismom: What if he appoint Ym instead?
HELP
every damn opportunity
13:47
do schools straight reject people from ed or to they always ed-rd if its a no for ED?
HopefullyInLawSchool
13:48
Some schools rject
13:49
Thanks! I couldn't find any reddit thread about it lol
13:49
but just means now I have to wait for the rejection from Davis
glovediedthisishismom
13:53
i just wanna rock
glovediedthisishismom
13:53
bodyadaya
13:53
let it rock
14:17
How are the vibes heading into thanksgiving yall?
HopefullyInLawSchool
14:17
@Law-Guy Im feeling kinda happy I applied YM to UCI hoping it helps (:
Wanna give some head
soap
14:18
Cornell
14:19
@HopefullyinLawSchool What's YM?
14:19
oh no
HopefullyInLawSchool
14:19
you mom
WorthlessAttractiveZombie
14:19
Ouch
HopefullyInLawSchool
14:19
your*
14:19
I fear I realized too late
babycat
14:20
another victim claimed
concorde
14:22
pwned
14:22
Might have to send in addendums for that
LSD+ is ad-free, with DMs, discounts, case briefs & more.