the Fourth Week of Advent
Click here to join the effort!
Bible Encyclopedias
Defeasance
1911 Encyclopedia Britannica
or or Defeazance (Fr. dFfaire, to undo), in law, an instrument which defeats the force or operation of some other deed or estate; as distinguished from condition, that which in the same deed is called a condition is a defeasance in another deed. A defeasance should recite the deed to be defeated and its date, and it must be made between the same parties as are interested in the deed to which it is collateral. It must be of a thing defeasible, and all the conditions must be strictly carried out before the defeasance can be consummated. Defeasance in a bill of sale is the putting an end to the security by realizing the goods for the benefit of the mortgagee. It is not strictly a defeasance, because the stipulation is in the same deed; it is really a condition in the nature of a defeasance.
These files are public domain.
Chisholm, Hugh, General Editor. Entry for 'Defeasance'. 1911 Encyclopedia Britanica. https://www.studylight.org/encyclopedias/eng/bri/d/defeasance.html. 1910.
