Simple English definitions for legal terms
Read a random definition: in point
Right of Entry for Breach of Condition: This is a legal term that means if someone breaks a promise or condition in a contract or agreement, the person who made the agreement has the right to take back what they gave the other person. This is called the "power of termination" or "right of reentry." It's like a backup plan in case the other person doesn't keep their end of the deal. This is often used in real estate contracts.
The right of entry for breach of condition 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, which can happen if the grantee breaches a condition of the agreement.
For example, if a landlord rents out an apartment to a tenant with the condition that the tenant must not have any pets, but the tenant gets a dog anyway, the landlord may have the right of entry for breach of condition. This means that the landlord can terminate the lease and retake possession of the apartment if they choose to exercise this right.
The power of termination is another term that is often used interchangeably with the right of entry for breach of condition. It refers to the same concept of a grantor retaining the right to terminate a grantee's estate if a condition is breached.
Overall, the right of entry for breach of condition is an important legal concept that allows grantors to protect their interests and ensure that their agreements are being upheld by grantees.