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Hasil cari dari kata atau frase: defeasance (0.00791 detik)
Found 2 items, similar to defeasance.
English → Indonesian
English → English
, n. [OF. defesance, fr. defesant, F.
d['e]faisant, p. pr. of defaire, F. d['e]faire, to undo. See
1. A defeat; an overthrow. [Obs.]
After his foes' defeasance. --Spenser.
2. A rendering null or void.
3. (Law) 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
Note: Mortgages were usually made in this manner in former
times, but the modern practice is to include the
conveyance and the defeasance in the same deed.