Estate on Condition Law and Legal Definition
Estate on condition is an estate in real property with a qualification annexed by which it may, on the happening of a particular event, be created, enlarged, or destroyed.
The conditions annexed to estates are those implied by law and those expressed in the grant or devise which creates the estate.
Express conditions are those declared or set forth in the instrument creating an estate or superimposed by a collateral agreement. Conditions implied in law are those which the law itself annexes to either certain estates or estates held under certain circumstances.
