Knowledge Base A to Z
Frequently asked question

What is an unconditional agreement and what happens once the agreement is unconditional?

An unconditional agreement means when both parties' conditions have been satisfied and notice of this has been communicated to the other party e.g. the buyer’s due diligence condition has been satisfied or the seller has entered into another unconditional agreement to purchase another property.  

Your lender will be notified that your agreement has gone unconditional, and your lender will issue your mortgage documents.  You should meet with your lawyer to discuss and sign the mortgage documents.  

‍

You must check with your lender regarding how they would like the mortgage documents to be signed because some will only accept couriered originals whereas some will accept digitally signed versions.  The earlier you can get this done, the less stressful your life will be leading up to settlement day.  

Talk it through

Not sure how this applies to you?

A free 15-minute call with a property lawyer who only works with first home buyers.

Book a free call