Revival Definition and Legal Meaning
On this page, you'll find the legal definition and meaning of Revival, written in plain English, along with examples of how it is used.
What is Revival?
(n) Revival is the restoration of an order, judgment, contract, agreement etc which has become ineffective due to expiry of time or for other reasons, by issuing a fresh order, judgment or by entering a fresh contract agreement etc
History and Meaning of Revival
The term "revival" refers to the restoration of an agreement or contract that has been considered ineffective or expired for various reasons. Contrary to what one might assume based on the term's more common religious connotations, in the legal world, revival usually refers to a process or action taken to restore a previously terminated agreement, contract, or court decision.
Examples of Revival
A company's shareholders may agree to revive an old agreement that has expired, such as a non-compete agreement, to protect their interests.
An individual may seek to revive a previous court judgement, which has become unenforceable due to various reasons, by filing a motion to vacate.
A landlord and tenant may mutually agree to revive an expired lease agreement with updated terms by executing a new agreement.
Legal Terms Similar to Revival
Estoppel: A legal doctrine that prevents a person from denying or asserting something contrary to what was done, settled, or decided in the past.
Rescission: The process of undoing, terminating, or revoking a contract or agreement.
Reformation: The process of correcting or changing a contract or agreement to reflect the actual intent of the parties involved.