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What are general conditions and special conditions?

General conditions are the conditions that you will see most frequently on all standard contracts. They are the terms that are contained in the standard Real Estate Institute of Queensland (REIQ)  or ADL contracts and will generally be sufficient to cover for standard residential sales. However, you should also ask your conveyancing lawyer what special conditions can be included in the contract to protect your interest.

Special conditions are “special” because they are  unique to your transaction. You can ask your conveyancing lawyer to draft any special condition to cover for your situation, you just have to tell them what it is that you are trying to cover for. If you don’t know what to ask for, then speak to your conveyancing lawyer about what your concerns are, and they will be able to make appropriate suggestions for you. One good way to approach it is to try and step into the shoes of your buyers and ask the question of “what would my buyers want to know about this property?”.

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