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Language Foundation

Chain complete

Chain complete is the state in which a property chain is fully formed, with every dependent sale and purchase linked to the next and no missing buyer or seller in the chain.

In plain English

A property chain is a sequence of linked sales and purchases where each move depends on another. "Chain complete" means that this sequence has been fully put together from one end to the other, with each transaction connected and no buyer or seller missing.

In context

Here, "Chain complete" reports that the related set of dependent property sales and purchases has been fully linked, with no missing buyer or seller.

Situation
Following home-purchase, mortgage, valuation, survey, and closing administration
What it communicates
reports that the linked transaction chain is in place.

Meaning limits

The term by itself does not show that the linked transactions have finished or that they will definitely go ahead.

Examples

“Once the final buyer was found, the sale became chain complete, although no one had exchanged contracts yet.”

Core meaning

“The agent called to say their purchase was now chain complete after the seller found somewhere to move to.”

In context

  • completion Contrast

    This means the chain has all linked buyers and sellers in place, while completion means the transactions themselves have finished.