| 词汇 | defeasance |
| 释义 | `1`defeasance `2` "Nolo Everybody's Legal Dictionary": A clause in a deed, lease, will or other legal document that completely or partially negates the document if a certain condition occurs or fails to occur. Defeasance also means the act of rendering something null and void. For example, a will may provide that a gift of property is defeasable -- that is, it will be void -- if the beneficiary fails to marry before the willmaker's death. See Topic: Real Estate Wills & Estate Planning |
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