Warning
Info
Warning
Info
Simple English definitions for legal terms
reddendum
Read a random definition: extraordinary remedy
A quick definition of reddendum:
Term: REDDENDUM
Definition: Reddendum is a legal term that refers to a clause in a contract that allows the owner of a property to keep certain rights or privileges even after selling or transferring the property to someone else. For example, if someone sells a piece of land but wants to keep the right to use a portion of it for personal use, they can include a reddendum clause in the contract. This clause specifies the rights that the seller will retain even after the sale is complete.
A more thorough explanation:
Definition: Reddendum (ri-den-dəm) refers to a clause in a legal document that specifies a condition or restriction on the property being transferred or conveyed.
Example: A common example of reddendum is a clause in a property deed that restricts the use of the property. For instance, a property owner may sell a piece of land to a buyer, but include a reddendum that prohibits the buyer from building any structures on the land.
Explanation: The example illustrates how a reddendum can be used to impose a condition or restriction on the property being transferred. In this case, the property owner is limiting the buyer's use of the land by prohibiting any construction on it. This clause is legally binding and must be followed by the buyer.