What to know
- Understand exactly what must happen for the condition to be fulfilled.
- Check the deadline and who must provide proof.
- Do not assume a conditional agreement is risk-free; parties may still have duties to take reasonable steps to fulfil conditions.
- If a deadline must change, record the extension properly before expiry.
Professional advice
This guidance is general information. Where legal, tax, structural, compliance or regulated-work consequences may apply, obtain advice from an appropriately qualified professional for your circumstances.
Important Information
The information in Fabulous Homes Insights is provided for general property education and information. Property, tax, finance, sectional-title, rental, municipal and compliance matters can differ according to individual circumstances, contractual terms, scheme rules, municipal requirements and changes in law. Where necessary, readers should obtain advice from an appropriate attorney, conveyancer, tax practitioner, financial professional, property practitioner, engineer, inspector or other suitably qualified professional.
