Morning. Just looking to see what others might do in this situation. I have a property for sale and have come to a verbal agreement at this stage to sell to a buyer for $155000. The buyer wants to move into this house and pay rent while tidies up house has been living in. This house will then be sold. Has 1/3 share in house. Will get in region of $250k to $300k(his share) from sale. Expects it to sell within 3 months. He doesn’t have a deposit for my house. All of this is verbal and at face value at the moment. My question is this. I want to put in the contract for my house that if these conditions are met: · Pest done and accepted by buyer · Building inspection done and accepted by buyer · Buyers’ house sells and then if buyer pulls out of our contract, that he owes me $10000 from sale of his house. So this $10000 from the sale monies of his house acts as a deposit that isn’t paid at the time of signing the contract for my house. How do I best do this and is it legally binding? Also, I need to verify he has funds coming to him from the sale of house he is in. What is the best way to do this? Thanks In advance.