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Simple English definitions for legal terms
impair
Read a random definition: beneficium competentiae
A quick definition of impair:
Term: Impair
Definition: Impair means to make something less valuable or effective. This is often used when talking about contracts, which are agreements between people or companies. If something impairs a contract, it means that the contract is no longer good or one of the parties can't get what they were supposed to. The U.S. Constitution has a rule called the Contracts Clause that says states can't make laws that impair contracts, unless it's really important for the public good.
A more thorough explanation:
Definition: To make something less valuable or effective.
For example, if a person damages a car, they impair its value. In legal terms, impair is often used to describe a situation where a contract is no longer valid because one party has made it impossible for the other party to fulfill their obligations. This is known as the Contracts Clause, which is a part of the U.S. Constitution that prohibits states from passing laws that impair private contractual obligations.
For instance, if a landlord changes the terms of a lease agreement after the tenant has already signed it, they may be impairing the contract. This means that the tenant may no longer be bound by the original terms of the lease and may be able to break the contract without penalty.