What is the term for a deed that remains valid unless a party decides to void it?

The term that describes a deed remaining valid unless a party decides to void it is known as a voidable deed. This type of deed is one that is legally valid and can be enforced until one of the parties involved chooses to rescind or void it due to certain conditions or circumstances, such as fraud, misrepresentation, or incapacity at the time of signing.

In contrast, a void deed is inherently invalid from the outset and has no legal effect, while an enforceable deed is one that is properly executed and remains valid unless challenged on its merits. A conditional deed includes specific conditions that must be met for it to remain valid, which differs from the concept of voidability where one party has the right to void the deed without necessarily meeting specific conditions.

Thus, understanding the implications of a voidable deed is crucial because it highlights the importance of consent and the potential for legal challenges, while still recognizing the deed's initial validity.