Legal Definitions - triggering condition

A triggering condition is an uncertain event that determines the existence or extent of an obligation or liability in a contract. It can be a future event that triggers or negates a duty to perform a promised action. For example, if Jones promises to pay Smith $500 for repairing a car, Smith's failure to repair the car relieves Jones of the promise to pay.

There are different types of triggering conditions, such as:

• Express condition: A condition that is explicitly stated in a contract.
• Implied condition: A condition that is not expressly mentioned but is imputed by law from the nature of the transaction or the conduct of the parties.
• Constructive condition: A condition imposed by law to do justice, such as the cooperation of the parties to a contract.
• Conditional promise: A promise that is subject to a condition, such as "I will pay you $100 if you mow my lawn."

These examples illustrate how a triggering condition can affect the performance of a contract and the obligations of the parties involved. It is important to identify and understand the triggering conditions in a contract to ensure that all parties fulfill their duties and obligations.