Ga. Code § 13-3-4 : CONTRACTS — ELEMENTS AND FORMATION GENERALLY — GENERAL PROVISIONS —3-4 - Effect of conditions precedent or subsequent upon rights of parties under contracts

Conditions may be precedent or subsequent. A condition precedent must be performed before the contract becomes absolute and obligatory upon the other party. The breach of a condition subsequent may destroy the party's rights under the contract or may give a right to damages to the other party, according to a true construction of the intention of the parties.