Author Archives: chriscol

BODY CORPORATE CONDITIONS

Feb 20, 2017 | Posted by in Special Conditions | Comments Off on BODY CORPORATE CONDITIONS

Body Corporate Search This contract is subject to and conditional upon the Buyer being satisfied at their sole discretion with the results of their search of the Body Corporate records within 14 days. Should the Buyer be so satisfied withinRead more …

SUNSET CLAUSE

Feb 20, 2017 | Posted by in Special Conditions | Comments Off on SUNSET CLAUSE

Sunset Clause In the event that the Seller gives the Buyer written notice that the Seller has received another offer to purchase the subject property, which is in the opinion of the Seller a better offer, the Buyer shall withinRead more …

SOIL TEST

Feb 20, 2017 | Posted by in Special Conditions | Comments Off on SOIL TEST

SOIL TEST This contract is subject to and conditional upon the Buyer being satisfied in the Buyer’s absolute discretion with the results of the soil test to be conducted, by the Buyer, on the Property, within 14 days from theRead more …

SHORTFALL/BANK APPROVAL

Feb 20, 2017 | Posted by in Special Conditions | Comments Off on SHORTFALL/BANK APPROVAL

Mortgagee Release Condition This Contract is subject to the Seller receiving mortgagee consent for the release of the property on or before fourteen (14) days from the Contract date. In the event that the mortgagee consent is not received, orRead more …

SUBJECT TO SALE/SETTLEMENT/BACKUP

Feb 20, 2017 | Posted by in Special Conditions | Comments Off on SUBJECT TO SALE/SETTLEMENT/BACKUP

Subject to Sale and Unconditional 1.0 Buyer Entering Contract of Sale 1.1 This contract is subject to and conditional upon the Buyers entering into a contract, on terms satisfactory to the Buyers, for the sale the Buyer’s property at [propertyRead more …

DUE DILIGENCE/SEARCHES

Feb 20, 2017 | Posted by in Special Conditions | Comments Off on DUE DILIGENCE/SEARCHES

Council Searches This Contract is subject to and conditional upon the Buyer advising the Seller within 14 days of the Date of Contract that the Buyer is satisfied with the results of council searches conducted by the Buyer or theRead more …

FLOODING

Feb 20, 2017 | Posted by in Special Conditions | Comments Off on FLOODING

Flooding This contract is subject to and conditional on the Buyer being satisfied prior to settlement in their absolute discretion that the Property has no history of flooding or is not at risk of flooding prior to Settlement. In theRead more …

FIRB Approval (Foreign Investment)

Feb 20, 2017 | Posted by in Special Conditions | Comments Off on FIRB Approval (Foreign Investment)

FIRB Approval: 1. The Buyer will apply (“the Application”) to the Foreign Investment Review Board (“FIRB”) for approval to purchase the property within fourteen (14) days of the Contract Date and will comply with all requests for further information andRead more …

PRESENT USE OF PROPERTY

Feb 20, 2017 | Posted by in Special Conditions | Comments Off on PRESENT USE OF PROPERTY

Satisfactory Present Use: This contract is subject to and conditional on the Buyer being satisfied, that the planning scheme area in which the Property is located allows for the Present Use, prior to settlement. In the event that the BuyerRead more …

ACCEPTANCE OF OFFER

Feb 20, 2017 | Posted by in Special Conditions | Comments Off on ACCEPTANCE OF OFFER

Acceptance of Offer: The offer to purchase this property contained in this Contract will lapse unless written notice of acceptance of it is received by the Buyer or the Buyer’s solicitor by no later than 5:00 pm on the (insertRead more …