Fair Condition Clause Samples

A Fair Condition clause ensures that both parties to an agreement are treated equitably regarding the terms and obligations set forth. In practice, this clause may require that neither party imposes unreasonable demands or conditions on the other, and that any requirements or standards are reasonable and balanced. Its core function is to prevent one-sidedness in contractual relationships, promoting fairness and reducing the risk of disputes arising from perceived inequities.
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Fair Condition. To be found in working condition but may require immediate or short-term repairs above the de minimis threshold of not evidencing a material physical deficiency (ASTM E2018-15).