The Clauses That Do the Real Work
The standard ADLS/REINZ agreement is a template, but the clauses that matter most are the ones specific to your deal — the conditions, warranties, and chattels list. These sit on the front page and in the schedules, and they're what actually protects you as a buyer or seller.
Reading these clauses carefully — and understanding exactly what each one requires and by when — is one of the most important things a purchaser's lawyer checks before you sign.
Conditions
Warranties
Chattels
Finance, building report and LIM conditions all appear on the front page of the standard agreement — miss the deadline in any one, and you may lose the right to cancel on that basis.
Clauses Worth Double-Checking
These are the ones that most often cause disputes later.
Condition deadlines
Check the specific working-day deadlines for finance, building report and LIM conditions.
The chattels list
Confirm every item you expect to stay — verbal agreements with the agent don't count if it's not written down.
Vendor warranties
Check warranties about consented work and compliance certificates for any renovations.
Quick Summary
- Conditions, warranties and chattels are the clauses that matter most in practice.
- Deadlines attached to each condition are strict — missing one can cost you your exit right.
- Have a lawyer review these clauses carefully before you sign.