Special conditions in a Queensland contract

They're extra terms added to the standard contract for your particular deal. Common ones are finance, building and pest, subject to the sale of your home, and due diligence. They sit on top of the standard terms and can change how the whole contract works.

It makes the contract depend on you getting loan approval by a set date. If finance isn't approved, you can end the contract, but only if you act properly before the deadline. Missing the date can leave you bound without a loan.

It lets you get an inspection by a set date and end the contract if the report isn't satisfactory. Keep the report and act before the date. If you want to negotiate a price reduction instead, get advice first.

Yes, with a 'subject to sale' condition. Sellers often add a clause letting them keep marketing the property and give you a short time to drop the condition if another buyer comes along. Know how that clause works before you sign.

Short finance or inspection dates, clauses that make you responsible for defects, early release of the deposit, extra fees or penalties for late settlement, and anything written by hand that you don't fully understand. Have them reviewed before you sign.

Only if both sides agree in writing. That's why it's far easier to get them right before you sign.