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单词 forfeiture
释义
forfeiture
forfeiture the process by which the holder of a superior interest in property puts an end to an inferior interest in that property, usually as a result of the failure of the holder of that inferior interest to fulfil some obligation owed to the holder of the superior interest. Thus, in many leases, covenants will detail the obligations owed by the ten- ant to the landlord; a breach of any of these covenants will normally trigger a right on the part of the landlord to forfeit the tenant's lease. See also CONFISCATION.

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更新时间:2024/10/27 5:27:49