Finance Clause
nounfi·nance clausepronounced FY-nanss KLAWZ
Last updated 21 April 2026
What does the noun Finance Clause mean?
A condition in a property contract that makes the sale subject to the buyer obtaining formal (unconditional) loan approval by a specified date. Also called a subject to finance condition. If unconditional approval is not obtained by the deadline, the buyer can terminate the contract and recover their deposit, provided they have met their obligations under the clause.
Cite this entry
MLA citation: "Finance Clause." How to Property, 21 Apr. 2026, https://howtoproperty.com.au/definitions/finance-clause. Accessed 21 Apr. 2026.
Chicago citation: How to Property. "Finance Clause." Last modified April 21, 2026. https://howtoproperty.com.au/definitions/finance-clause.
APA citation: How to Property. (2026, April 21). Finance Clause. https://howtoproperty.com.au/definitions/finance-clause