Contract becomes unconditional

As soon as all stated terms on the contract got fulfilled, usually on the day of the satisfaction or waiver of the final special condition or clause, the contract becomes 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

  • With a foreign investor/buyer more time should be scheduled until the settlement date

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