defeasanced in a sentence
a.
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Definition
Defeasanced refers to the annulment or voiding of a contract or legal obligation, typically due to specific conditions such as fraud or mutual agreement.
Crossword clues for defeasanced
Crossword clue ideas and answer hints for the word "defeasanced".
- Contract voided under certain conditions.
- Legal obligation rendered null and void.
- Agreement annulled due to fraud.
- Specific terms lead to cancellation.
- Obligation terminated by mutual consent.
Defeasanced sentence examples
- The court ruled that the contract had been defeasanced due to fraudulent misrepresentation.
- After extensive negotiations, the parties agreed that the agreement would be defeasanced and rendered null.
- Once the conditions were met, the obligations of the bond were effectively defeasanced.
- The investor was relieved to learn that the original terms of the lease had been defeasanced in favor of a more favorable arrangement.
- In legal terms, the property rights were defeasanced, allowing the previous owner to reclaim their stake.