FORFEITURE CLAUSE

glossary /

FORFEITURE CLAUSE

forfeiture clause.

1. A contractual provision stating that, under certain circumstances, one party must forfeit something to the other. ? Forfeiture clauses are often held to be void, although they are similar to conditions and other qualifications of estates in land.

2. NO-CONTEST CLAUSE.

What is the legal equivalent of the term FORFEITURE CLAUSE in Chinese?
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