If you are searching for the meaning of Defeasance in real estate and also a definition of Defeasance, then this blog post is helpful for you
Definition
A clause in a deed, lease, will or other legal document that completely or partially negates the
document if a certain condition occurs or fails to occur. Defeasance also means the act of
rendering something null and void. For example, a will may provide that a gift of property is defeasible that is, it will be void--if the beneficiary fails to marry before the will maker’s death.
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