A gift or bequest that Is made pursuant to a specified condition being fulfilled. Concerning a will, a gift or bequest that will be made only if a condition stated in the will is satisfied, e.g. I will give my home to my son John if he has a wife and a child or children at the time of my death. … [Read more...] about CONDITIONAL BEQUEST
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CONDOMINIUM
Real property consisting of several individual units and where an owner has title to an individual unit with shared ownership of common areas (lobby, roof, parking, elevator). Typically the common areas are managed by a homeowners' association and makes sure that maintenance is collected and that the covenants, conditions and restrictions are adhered to by owners. … [Read more...] about CONDOMINIUM
CONDITIONAL COMMITMENT
A commitment to do something based upon a condition being fulfilled. … [Read more...] about CONDITIONAL COMMITMENT
CONDONACION
In Spanish law. The remission of a debt, either expressly or tacitly. … [Read more...] about CONDONACION
CONDITIONAL CONTRACT
A contract that is enforceable or in effect based upon some condition being fulfilled … [Read more...] about CONDITIONAL CONTRACT