Introduction
This precedent provides a comprehensive set of special conditions designed for use with the Law Society NSW Contract for Sale of Business.
It supplements the standard printed contract by introducing additional protections, clarifications, and commercial terms tailored to business sale transactions.
The document includes provisions dealing with GST treatment, intellectual property transfer, restraint of trade, confidentiality, termination rights, and other critical commercial issues.
It is ideal for lawyers and professionals seeking to customise and strengthen a standard form business sale contract.
What are Special Conditions in a Sale of Business Contract?
Special conditions are additional contractual clauses that modify or supplement a standard form agreement, such as the Law Society Contract for Sale of Business.
They are used to address transaction-specific issues, allocate risk between the parties, and include terms not covered in the standard printed contract.
Well-drafted special conditions are critical in business sale transactions to ensure clarity, enforceability, and proper risk management.
Professionally Drafted Legal Precedent
Prepared by Australian legal professionals, this precedent provides a practical framework for use with the Contract for Sale and Purchase of Land 2026.
The document is fully editable in Microsoft Word and ready for immediate use.
At A Glance
What This Document Covers
• Variations to standard contract terms
• Additional commercial protections
• GST and tax provisions
• Custom transaction conditions
Key Clauses Included
• GST (going concern, reverse charge)
• Intellectual property transfer
• Restraint of trade
• Confidentiality and termination
Typical Use
• Law Society contract customisation
• Business sale transactions
• Lawyer-drafted amendments
• Commercial deal structuring
Download Details
• Designed for NSW transactions
• Works with Law Society contract
• Fully editable Word document
• Instant download after purchase
Drafted by Legal Professionals
Our precedents are prepared by Australian legal practitioners and reflect commonly used legal drafting standards.
Practical and Easy to Use
Each template provides a structured framework that can be adapted to suit the specific transaction or matter.
Instant Access
Download immediately after purchase and edit the document in Microsoft Word to suit your requirements.
Related Precedents
Frequently Asked Questions
What are special conditions?
Special conditions are additional clauses that override or supplement the standard terms of a contract to reflect the specific needs of a transaction.
Do I need special conditions for a business sale?
Yes, most business sale transactions require special conditions to address issues not covered in the standard contract, such as GST, restraints, and intellectual property.
Is this for NSW only?
This document is designed for use with the Law Society NSW Contract for Sale of Business and is most suitable for transactions governed by NSW law.
Can this be customised?
Yes, the document is fully editable and intended to be tailored to the specific transaction and commercial terms agreed between the parties.
Also Known As
• Business Sale Special Conditions
• Law Society Contract Amendments
• Sale of Business Contract Variations
• Special Conditions Annexure (Business Sale)
Sale of Business Special Conditions – Instant Download
• Designed for Law Society NSW contract
• Includes advanced commercial clauses
• Covers GST, IP, restraint and termination
• Fully editable Microsoft Word document
• Instant download available immediately after purchase
Used by lawyers, businesses and commercial operators across Australia.
Download This Precedent
Instant download. Fully editable Microsoft Word format. Includes practical drafting guidance.