Condition Precedent Legal Meaning and Definition

Here is a simplified definition of the legal term Condition Precedent.

Condition Precedent (noun):

In the legal world, a condition precedent refers to an event, action, or situation that must occur before a specific duty or obligation can be carried out in a contract. If this condition does not occur, the obligations outlined in the contract do not become enforceable. In simpler terms, a 'condition precedent' is a requirement that has to be met before a person is required to do something under a contract.