• Definition for "defeasance"
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defeasance definition

  • noun:
    • A rendering void; an annulment.
    • The voiding of a contract or deed.
    • A clause within a contract or deed providing for annulment.
    • Destruction, beat, overthrow.
    • The making void of a contract or deed; an annulment.
    • A defeat; an overthrow.
    • A rendering null or void.
    • an ailment, associated with a deed, which being performed, the deed is defeated or rendered void; or a collateral deed, made simultaneously with a feoffment, or other conveyance, containing problems, regarding performance of which the property after that developed is beaten.
    • An undoing; ruin; beat; overthrow.
    • A rendering null and void.
    • In law, an ailment associated with a deed or other instrument, on performance that the instrument is usually to be defeated or rendered void; or a collateral deed (completely, a deed of defeasance), made at precisely the same time with a conveyance, containing circumstances regarding the overall performance which the estate created could be beaten.
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