Clause Glossary

Western Australia Property Contract Clauses

Understand every clause before you sign. Each entry explains the legal risk in plain language.

Western Australia commonly uses the REIWA Offer and Acceptance / Contract. Finance and building inspection conditions are often negotiated into the offer; missing notice deadlines can forfeit the deposit under WA practice.

Common contract form: REIWA Contract

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Search this Western Australia glossary by clause name, buyer-risk phrase, or a practical question to jump to the matching clause guide.

1Critical Risk

As Is Where Is

Building and Pest Inspection

Easement on Title

No Cooling-off Period (WA)

REIWA Special Conditions

Seller Disclosure Obligations (WA)

Settlement Agent Role (WA)

Subject to Finance

Time is of the Essence

Unapproved Structures

Unconditional Contract

2Deposit & Default

Buyer's Default

Default Interest Rate

Forfeiture of Deposit

Initial Deposit (to Real Estate Agent)

Liquidated Damages

Release of Deposit

Rescission of Contract

Seller's Default

3Title & Due Diligence

Caveat on Property

Contaminated Land Register

Encumbrances

Flood Zone Property

Heritage Overlay

Joint Tenancy vs Tenants in Common

Local Government Approval

Title Search

4Settlement & Condition

Final Pre-Settlement Inspection

Fixtures vs Chattels

Property Damage Before Settlement

Risk Passes to Buyer

Settlement Date Extension

Strata Title Disclosure (WA)

Tenant in Situ

Vacant Possession

5Special Clauses

Auction Conditions (WA)

Electronic Settlement (PEXA)

Land Tax Clearance

Nominee Clause

Requisitions on Title

Sunset Clause

Start here: Critical Risk clauses

As Is Where Is Building and Pest Inspection Easement on Title No Cooling-off Period (WA)REIWA Special Conditions Seller Disclosure Obligations (WA)Settlement Agent Role (WA)Subject to Finance

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