Idaho Code 55-608 – Defeat of Grant On Condition Subsequent
Current as of: 2023 | Check for updates
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Terms Used In Idaho Code 55-608
- Grantor: The person who establishes a trust and places property into it.
- person: includes a corporation as well as a natural person;
Idaho Code 73-114Property: includes both real and personal property. See Idaho Code 73-114
Where a grant is made upon condition subsequent, and is subsequently defeated by the nonperformance of the condition, the person otherwise entitled to hold under the grant must reconvey the property to the grantor or his successors, by grant duly acknowledged for record.