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voidable
This term is a precise legal designation used to describe a contract or agreement that is valid on its face but contains a flaw allowing one party to opt out of its obligations. It differs from void, which describes an agreement that was never legally binding from the start. A voidable contract remains in effect unless the aggrieved party takes active steps to rescind it.
Usage is almost exclusively restricted to legal, contractual, and insurance contexts. It carries a neutral, technical tone, focusing on the potential for annulment rather than an immediate state of invalidity. Common triggers for voidability include fraud, coercion, or the lack of legal capacity, such as when a minor enters into a binding agreement.
Meanings
Examples
The contract is voidable because it was signed under duress.
Since the buyer was a minor at the time of purchase, the agreement is voidable.
Is this lease voidable if the landlord fails to provide basic utilities?
The transaction was voidable due to a material misrepresentation of the facts.
The transaction was voidable due to a material misrepresentation of the facts.
I think this whole deal is voidable since they lied about the property boundaries.
A contract entered into by a person lacking mental capacity is generally voidable.
The court ruled that the deed was voidable because of undue influence.
Wait, if the signature was forged, is the entire agreement void or just voidable?