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Sample Clause
 

There are plenty of variations of these basic clauses but the purpose and intent is largely the same. If you require something more specific or complex, then talk with your solicitor or Trade Places will happily arrange a solicitor for you. Feel free to print out the below clauses, cut them up and glue them into the contract (and write in them where there’s gaps for number of days). Alternatively, you could just write them out by hand straight into the contract.
A solicitor will have any clauses you want typed directly into the contract, so this is an alternative option to consider although it will take time and will cost you a nominal amount.

 
REMEMBER: The fewer the clauses and the shorter the conditional period, the more attractive your offer is to the owner.
 
Title Search
 
This offer is conditional upon the Purchasers Solicitor searching and approving the Title on the above property within working days of acceptance of this offer.
 
Valuation Report
 
This offer is conditional upon the Purchaser arranging a Valuation Report from a Registered Valuer, which is acceptable in all respects to the Purchaser within working days from the date of acceptance of this offer.
 
Builders Report
 
This offer is conditional upon the Purchaser arranging a Builders Report from a Certified Builder or Building Inspector, which is acceptable in all respects to the Purchaser within working days from the date of acceptance of this offer.
 
Land Information Memorandum (LIM) Report
 
This offer is conditional upon the Purchaser/s reviewing Local Council records including obtaining a LIM Report if they desire and being satisfied with such records and LIM Report in all respects within working days of acceptance of this offer.
 
Partial LIM or Property Report
 
This offer is conditional upon the Purchasers searching the council records and/or obtaining a Property Report if they desire and being satisfied with such records and Property Report in all respects within working days of acceptance of this offer.
 
Subject to Purchasers Property Selling
 
This offer is conditional upon the Purchaser arranging the unconditional sale of property situated at on terms and conditions acceptable to them within working days of acceptance of this offer.
 
Conditional upon Purchasers Property sale becoming Unconditional
 
This offer is conditional upon the existing signed Agreement for the Sale of the Purchaser’s property situated at (address) becoming unconditional on or before 5PM on (date).
 
Due Diligence Clause
 
This offer is conditional upon the Purchaser completing and being satisfied with a due diligence program in respect of the subject property. Such program may include but is not limited to: approval of the title, builders report, Council Records search or any other matters which the Purchaser at the Purchasers’ discretion may consider relevant to the completion of the purchase. This condition is to be satisfied within days of acceptance of this offer.
 
Remember that the Sale and Purchase Agreement is a binding agreement. If you have any doubts, please seek professional legal advice before submitting an offer.