noun
- the act of making void or annulling something, especially a legal contract or obligation
- a clause or condition that renders a deed or contract void
Usage: legal term; formal
Usage: legal term; formal
Examples
- The contract included several defeasances that could void the agreement under specific circumstances.
- Legal defeasances protect parties from unfair obligations in certain situations.
- The mortgage contained defeasances allowing early termination under particular conditions.
- Courts must carefully examine defeasances to determine their validity and scope.
- The attorney explained how defeasances in the lease could affect the tenant’s rights.
- Property law often involves complex defeasances that require expert interpretation.