Legal Definitions - resolutive condition

RESOLUTIVE CONDITION

A resolutive condition is an uncertain event that, upon happening, terminates an already enforceable obligation and restores the parties to their original positions. It is a type of condition in a contract that negates a duty to perform a promised action. For example, if a person promises to pay another person $500 for repairing their car, the failure of the repair (an implied or constructive condition) relieves the person of the promise to pay.

• A contract between a buyer and a seller may have a resolutive condition that if the buyer fails to make the payment, the seller can terminate the contract and keep the goods.
• A lease agreement may have a resolutive condition that if the tenant fails to pay rent, the landlord can terminate the lease and evict the tenant.

These examples illustrate how a resolutive condition can terminate an already enforceable obligation and restore the parties to their original positions. If the condition is not fulfilled, the obligation remains enforceable.