Put your conditions in the offer

An offer on a ready home can move into a memorandum of understanding within days. If your purchase depends on mortgage approval or a satisfactory inspection, that dependency belongs in the offer and then in the memorandum, not in a conversation you hope everyone remembers. The same applies to the deposit: the wording should say what happens to it if a condition is not met, and by which date each condition must be satisfied. Before you sign, list your conditions in plain terms, for example finance approval by a set date and an inspection within 7 days, together with a target transfer date. Ask a qualified adviser to review the wording. Clear conditions protect both sides and make every next step easier to follow. Prepared by Masterpiece Property. AI-generated illustration, not a photograph of an actual property or project.