Contract is unconditional

good to know

  • On the first business day after the satisfaction or waiver of the final special condition or clause (or the last stated term on the contract got fulfilled), the contract is unconditional
  • From the date, the contract is unconditional. Until the final settlement, we must allow enough time for financial institutions and solicitors to complete their tasks (common are 30 days). The seller and buyer agreed on a settlement date when they signed the contract.
  • From the date, the contract is unconditional. Until the final settlement, we must allow enough time for financial institutions and solicitors to complete their tasks (common are 30 days). The seller and buyer agreed on a settlement date when they signed the contract.

Actions you might want to take

  • In case a periodic tenant should vacate, the RTA Form 12 must be served.