Special Conditions

Special Conditions & Clauses


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DUE DILIGENCE

Jul 27, 2017 | Posted by in Special Conditions | Comments Off on DUE DILIGENCE

This contract is subject to and conditional upon the Buyer completing within 14 days from the contract date a due diligence investigation of the Property including any Tenancy Agreements applicable to the property. In the event that the results ofRead more …

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 …

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 …

SATISFIED WITH SEARCHES

Feb 20, 2017 | Posted by in Special Conditions | Comments Off on SATISFIED WITH 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 …

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 This contract is subject to and conditional upon the Buyer obtaining a contract on {insert address} within {x} days of the date of this contract and settling same on or before 30 days from the date thatRead 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 …

VACANT POSSESSION/RENT BACK

Feb 20, 2017 | Posted by in Special Conditions | Comments Off on VACANT POSSESSION/RENT BACK

Vacant Possession – Seller to End Existing Lease Early: Despite the fact the contract discloses a tenancy, the Seller will provide vacant possession at settlement. Should the Seller fail to provide vacant possession this contract is at an end, failingRead more …

DEPOSITS

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

Bank Guarantee/Deposit Bond 1. The Buyer shall be deemed to have complied with the requirements concerning payment of the Deposit or part of the Deposit (as the case may be) where the Buyer tenders to the Stakeholder an unconditional BankRead more …