In real estate and contract law, the term null and void refers to an agreement or legal instrument that has no legal effect or validity. A null and void contract is treated as if it never existed and cannot be enforced by any party.
An agreement may be declared null and void due to factors such as illegality, lack of capacity, fraud, or failure to meet essential legal requirements. When a contract is null and void, the parties are generally restored to their positions prior to the attempted agreement.
