Defeasance
Defeasance
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Meanings, explanations, notes, information and links about the term defeasance
Defeasance
Meaning of term defeasance
Defeasance (n.) A condition, relating to a deed, which being performed, the deed is defeated or rendered void, or a collateral deed, made at the same time with a feoffment, or other conveyance, containing conditions, on the performance of which the estate then created may be defeated.
Source: http://www.mso.anu.edu.au/~ralph/OPTED/v003/wb1913_d.html
Author : OPTED is a public domain English word list dictionary, based on the public domain portion of "The Project Gutenberg Etext of Webster's Unabridged Dictionary" which is in turn based on the 1913 US Webster's Unabridged Dictionary
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