Contract and Commercial Law Act 2017

Sale of goods - Formation of contract - Contract of sale

122: Contracts of sale may be absolute or conditional

You could also call this:

“Sales contracts can be simple or have special conditions”

When you buy or sell something, you can make a contract. This contract can be one of two types. It can be absolute, which means it’s definite and has no special conditions. Or it can be conditional, which means there are certain conditions that need to be met for the contract to go ahead. You can choose which type of contract you want when you’re buying or selling something.

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This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM6844304.


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121: Contracts of sale may be between one part-owner and another, or

"Part-owners can sell their share to each other"


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123: Sale and agreement to sell, or

"Agreeing to buy or sell something now or later"

Part 3 Sale of goods
Formation of contract: Contract of sale

122Contracts of sale may be absolute or conditional

  1. A contract of sale may be absolute or conditional.

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