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. ✨
Poll: Are our Kiwi summer holidays helping us recharge, or holding the economy back? ☀️🥝
There’s growing debate about whether New Zealand’s extended Christmas break (and the slowdown that comes with it) affects productivity.
Tracy Watkins has weighed in ... now it’s your turn. What’s your take? 🤔
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72% We work hard, we deserve a break!
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16.3% Hmm, maybe?
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11.8% Yes!
Don’t Let Your Mattress Turn Into a Moving Monster!
Hey neighbours,
Moving house? Don’t wrestle with your mattress like it’s a wild animal! Big, awkward, and easy to damage, it needs a little strategy - and maybe a friend or two.
Top tips to move like a pro:
1. Measure & clear your path - no doorway dramas.
2. Grab a buddy - teamwork makes it a breeze.
3. Lift smart - bend your knees, not your back!
4. Wrap it up - blankets, plastic, or cardboard protect it along the way.
Want all the expert hacks? Check out: beds4u.co.nz...
P.S. If it’s time for a new mattress, our Boxing Day sale is the perfect excuse to upgrade your sleep while you move!
Find your nearest store: beds4u.co.nz...
See our current deals: beds4u.co.nz...
Happy moving, neighbours! Here’s to a smooth move and many nights of comfy sleep in your new home.
Brain Teaser of the Day 🧠✨ Can You Solve It? 🤔💬
How many balls of string does it take to reach the moon?
(Peter from Carterton kindly provided this head-scratcher ... thanks, Peter!)
Do you think you know the answer? Simply 'Like' this post and we'll post the answer in the comments below at 2pm on the day!
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