A "conditional order" is a request or instruction that has certain requirements or conditions that need to be met before it can be fulfilled or executed. Full definition
Many brokers have a range of conditional orders that can be placed and are executed only if a certain set of conditions are met. (moneysmart.gov.au)
You should be able to find more information on conditional orders on your broker's website or ask them to explain how they manage these types of orders. (moneysmart.gov.au)
Where unsuccessful the court may still make conditional orders which could lead the way to parties settling. (newlawjournal.co.uk)