Unconditional Contract
nounun·con·di·tion·al con·tractpronounced un-kən-DISH-ən-əl KON-trakt
Last reviewed 16 April 2026
What does the noun Unconditional Contract mean?
A contract with no conditions attached. When you win at auction, you sign an unconditional contract — there is no finance condition, no building inspection condition, and no cooling-off period. You are legally bound to complete the purchase.
How the noun Unconditional Contract is used
At auction you sign an unconditional contract on the spot — there's no cooling-off period and no finance clause to fall back on.
Synonyms
binding contract
Related words
Cite this entry
MLA citation: "Unconditional Contract." How to Property, 16 Apr. 2026, https://howtoproperty.com.au/definitions/unconditional-contract. Accessed 30 May 2026.
Chicago citation: How to Property. "Unconditional Contract." Last modified April 16, 2026. https://howtoproperty.com.au/definitions/unconditional-contract.
APA citation: How to Property. (2026, April 16). Unconditional Contract. https://howtoproperty.com.au/definitions/unconditional-contract