Get our latest news updates via email

Posts Tagged 'suspensive conditions meaning'

We are pleased to present below all posts tagged with 'suspensive conditions meaning'. If you still can't find what you are looking for, try using the search box.

Suspensive Conditions in a Property Sale

Unlike other clauses that govern timelines or responsibilities, a suspensive condition operates as a legal switch. Once the condition is fulfilled — such as securing a bond or providing proof of approved building plans — the agreement "switches on" and becomes binding. If it isn’t fulfilled within the specified timeframe, the contract falls away automatically, with neither party liable for breach.

Popular tags: , , , , , ,

 

 

Archive