Condition Precedent - Transfer of Property Act 1882

Condition Precedent

Condition precedent is defined in section 26 of the Transfer of Property Act 1882. 

The term precedent means prior. So, the condition that is are to be fulfilled prior to the transfer of any property is called a condition precedent. This is not mandatory to follow all the condition precedents. A substantial compliance of the conditions are good enough for the transfer to happen.