Do you know what a Conditional Agreement means?
Do you know what a Conditional Agreement means?
A conditional agreement is an agreement for the Sale & Purchase of real estate and is a legally binding agreement, but it is subject to certain conditions being satisfied.
These might relate to:
1️⃣ the purchaser arranging suitable finance to complete the purchase,
2️⃣ receipt of a satisfactory builder’s report and/or valuer’s report;
3️⃣ receipt of a satisfactory Land Information Memorandum (LIM);
4️⃣ or the purchaser’s solicitor approving the title to the property.
The Sale & Purchase agreement may also have conditions that require the seller to do something by a certain date.
Once all the conditions are satisfied the agreement becomes unconditional.
Whether you're the savvy buyer or the strategic seller, remember the golden rule: legal advice is your guiding light. 🌟 Legal advice ensures the conditions are crystal clear, paving the way for your seamless real estate journey!
So, next time you're navigating your real estate journey of property transactions, remember: knowledge is power, and legal advice is your compass!💡
Contact me for more real estate advice. My advice is given freely and without obligation. ✨
A Neighbourly Riddle! Don’t Overthink It… Or Do?😜
Do you think you know the answer? Simply 'Like' this post if you know the answer and the big reveal will be posted in the comments at 2pm on the day!
If you multiply this number by any other number, the answer will always be the same. What number is this?
Poll: As a customer, what do you think about automation?
The Press investigates the growing reliance on your unpaid labour.
Automation (or the “unpaid shift”) is often described as efficient ... but it tends to benefit employers more than consumers.
We want to know: What do you think about automation?
Are you for, or against?
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9.6% For. Self-service is less frustrating and convenient.
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43.5% I want to be able to choose.
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46.9% Against. I want to deal with people.
Clear out your books!
The annual Rotary Book Sale is on again, Sat 28th Feb and Sun 1st March. We need books to sell - also art, jigsaws and music. Proceeds go to a range of local activities inc.uding K Vallet conservation, Riding for the Disabled, and Foodbank.
Drop off points are:
Farmlands Tauriko and Te Puna
Wet&Forget, Chapel St
Caltex Greerton, Bayfair and Katikati
Z Energy, 11th Ave
Philips Garage, Fraser St
BP Delta, Cherrywood
Villa 71, Bob Owens Village, Bethlehem
Bunnings on Cameron Rd
20 Ririnui Place, Maungatapu
Papamoa Sports & Rec Centre, in Gordon Spratt Reserve
The Coffee Club, Omokoroa
Challenge Service Station, Omokoroa
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