Define: Condition

In legal terms, a condition refers to a requirement or stipulation that must be fulfilled in order for a contract or agreement to be valid or enforceable.

Yes, conditions can be implied in a contract if they are necessary to give effect to the intentions of the parties involved, even if they are not explicitly stated in the agreement.

If a condition is not met, it may result in the contract being voidable or terminated. The non-breaching party may have the right to seek remedies such as damages or specific performance.

Yes, the parties involved can agree to waive or modify the conditions. However, it is important to ensure that any modifications are properly documented and agreed upon in writing.

Generally, conditions must be reasonable, lawful, and not against public policy to be valid. Additionally, they should be clearly stated and capable of being objectively determined.

In certain circumstances, one party may unilaterally impose conditions. However, the enforceability of such conditions may depend on various factors, including the nature of the agreement and the reasonableness of the condition.

Generally, conditions cannot be waived after they have been breached. However, the non-breaching party may choose to waive the condition and continue with the contract, but this would require their explicit agreement.

Yes, conditions that are deemed unfair or unconscionable may be unenforceable. Courts have the power to strike down or modify such conditions to ensure fairness and protect the rights of the parties involved.

Generally, conditions cannot be imposed retroactively, as it may be unfair and against the principles of contract law. However, there may be exceptions in certain circumstances, such as when the parties agree to retroactively impose a condition to rectify a mistake or omission.