Sale Conditions

Sale conditions are the specific requirements and circumstances that must be satisfied for a property sale to proceed to completion.

Condition TypeExample
FinancingBuyer obtains mortgage approval
InspectionSatisfactory property survey
TitleClear title delivered
ApprovalsRegulatory permissions obtained
VacancyProperty delivered empty
Legal EffectConsequence
Condition not metContract may be terminated
Condition waivedParty can proceed regardless
Time limitsDeadline for fulfillment
Good faithParties must reasonably try to satisfy


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