In legal terms, “nullity” refers to the state of being void or invalid from the outset, usually due to a fundamental defect or illegality. It signifies that a contract, marriage, or other legal agreement is deemed to have never existed or had any legal effect. Nullity can arise from various reasons such as lack of capacity, fraud, duress, or illegality of the subject matter. When a court declares a transaction or agreement null and void, it restores the parties to their pre-contractual position as if the transaction never occurred.
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This glossary post was last updated: 29th March 2024.
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