Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

power of termination

Read a random definition: reciprocity

A quick definition of power of termination:

The power of termination is a right that a person keeps after giving someone else ownership of something, like a house or land. If the new owner breaks a rule or condition that was agreed upon, the original owner can take back the ownership. This is also called the right of entry or right of reentry. It's like having a backup plan in case something goes wrong.

A more thorough explanation:

The power of termination is a legal term that refers to a future interest retained by a grantor after conveying a fee simple subject to a condition subsequent. This means that the grantee's estate will only terminate if the grantor exercises the right to retake it, usually due to a breach of the condition.

For example, if a landlord grants a tenant a lease for a property, but includes a condition that the tenant must not sublet the property, the landlord retains the power of termination. If the tenant sublets the property, the landlord can exercise their right to retake the property and terminate the lease.

This power is also known as the right of entry, right of reentry, right of entry for breach of condition, or right of entry for condition broken. It is different from the possibility of reverter, which is a future interest that automatically reverts to the grantor if a condition is breached.

Overall, the power of termination gives the grantor more control over the property and allows them to enforce certain conditions or restrictions on the grantee's use of the property.

power-of-sale foreclosure | power to inspect

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
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
LSD+ is ad-free, with DMs, discounts, case briefs & more.