• The power’s exercise is often conditioned on the occurrence of a specific event, such as nonpayment of a debt. [Cases: Powers 20. C.J.S. Powers §§ 17–18.]
power of sale
A power granted to sell the property that the power relates to.
• The power’s exercise is often conditioned on the occurrence of a specific event, such as nonpayment of a debt. [Cases: Powers 20. C.J.S. Powers §§ 17–18.]
词条贡献者