diff --git a/docs/web3-eth-contract.rst b/docs/web3-eth-contract.rst
index d1d7fb059ac..5856653c181 100644
--- a/docs/web3-eth-contract.rst
+++ b/docs/web3-eth-contract.rst
@@ -403,6 +403,13 @@ Properties
 - ``from`` - ``String``: The address transactions should be made from.
 - ``gasPrice`` - ``String``: The gas price in wei to use for transactions.
 - ``gas`` - ``Number``: The maximum gas provided for a transaction (gas limit).
+- ``handleRevert`` - ``Boolean``: It will otherwise use the default value provided from the Eth module. See :ref:`handleRevert <eth-contract-module-handlerevert>`.
+- ``transactionBlockTimeout`` - ``Number``: It will otherwise use the default value provided from the Eth module. See :ref:`transactionBlockTimeout <eth-contract-transactionblocktimeout>`.
+- ``transactionConfirmationBlocks`` - ``Number``: It will otherwise use the default value provided from the Eth module. See :ref:`transactionConfirmationBlocks <eth-contract-module-transactionconfirmationblocks>`.
+- ``transactionPollingTimeout`` - ``Number``: It will otherwise use the default value provided from the Eth module. See :ref:`transactionPollingTimeout <eth-contract-module-transactionpollingtimeout>`.
+- ``chain`` - ``Number``: It will otherwise use the default value provided from the Eth module. See :ref:`defaultChain <eth-contract-defaultchain>`.
+- ``hardfork`` - ``Number``: It will otherwise use the default value provided from the Eth module. See :ref:`defaultHardfork <eth-contract-defaulthardfork>`.
+- ``common`` - ``Number``: It will otherwise use the default value provided from the Eth module. See :ref:`defaultCommon <eth-contract-defaultcommon>`.
 
 
 -------
diff --git a/packages/web3-eth-contract/src/index.js b/packages/web3-eth-contract/src/index.js
index 805cbf98363..711cf9317b8 100644
--- a/packages/web3-eth-contract/src/index.js
+++ b/packages/web3-eth-contract/src/index.js
@@ -180,14 +180,86 @@ var Contract = function Contract(jsonInterface, address, options) {
     // get default account from the Class
     var defaultAccount = this.constructor.defaultAccount;
     var defaultBlock = this.constructor.defaultBlock || 'latest';
-    this.transactionBlockTimeout = this.options.transactionBlockTimeout || this.constructor.transactionBlockTimeout;
-    this.transactionConfirmationBlocks = this.options.transactionConfirmationBlocks || this.constructor.transactionConfirmationBlocks;
-    this.transactionPollingTimeout = this.options.transactionPollingTimeout || this.constructor.transactionPollingTimeout;
-    this.defaultChain = this.options.defaultChain || this.constructor.defaultChain;
-    this.defaultHardfork = this.options.defaultHardfork || this.constructor.defaultHardfork;
-    this.defaultCommon = this.options.defaultCommon || this.constructor.defaultCommon;
-    this.handleRevert = this.options.handleRevert || this.constructor.handleRevert;
 
+    Object.defineProperty(this, 'handleRevert', {
+        get: function () {
+            if (_this.options.handleRevert === false || _this.options.handleRevert === true) {
+                return _this.options.handleRevert;
+            }
+
+            return this.constructor.handleRevert;
+        },
+        set: function (val) {
+            _this.options.handleRevert = val;
+        },
+        enumerable: true
+    });
+    Object.defineProperty(this, 'defaultCommon', {
+        get: function () {
+            return _this.options.common || this.constructor.defaultCommon;
+        },
+        set: function (val) {
+            _this.options.common = val;
+        },
+        enumerable: true
+    });
+    Object.defineProperty(this, 'defaultHardfork', {
+        get: function () {
+            return _this.options.hardfork || this.constructor.defaultHardfork;
+        },
+        set: function (val) {
+            _this.options.hardfork = val;
+        },
+        enumerable: true
+    });
+    Object.defineProperty(this, 'defaultChain', {
+        get: function () {
+            return _this.options.chain || this.constructor.defaultChain;
+        },
+        set: function (val) {
+            _this.options.chain = val;
+        },
+        enumerable: true
+    });
+    Object.defineProperty(this, 'transactionPollingTimeout', {
+        get: function () {
+            if (_this.options.transactionPollingTimeout === 0) {
+                return _this.options.transactionPollingTimeout;
+            }
+
+            return _this.options.transactionPollingTimeout || this.constructor.transactionPollingTimeout;
+        },
+        set: function (val) {
+            _this.options.transactionPollingTimeout = val;
+        },
+        enumerable: true
+    });
+    Object.defineProperty(this, 'transactionConfirmationBlocks', {
+        get: function () {
+            if (_this.options.transactionConfirmationBlocks === 0) {
+                return _this.options.transactionConfirmationBlocks;
+            }
+
+            return _this.options.transactionConfirmationBlocks || this.constructor.transactionConfirmationBlocks;
+        },
+        set: function (val) {
+            _this.options.transactionConfirmationBlocks = val;
+        },
+        enumerable: true
+    });
+    Object.defineProperty(this, 'transactionBlockTimeout', {
+        get: function () {
+            if (_this.options.transactionBlockTimeout === 0) {
+                return _this.options.transactionBlockTimeout;
+            }
+
+            return _this.options.transactionBlockTimeout || this.constructor.transactionBlockTimeout;
+        },
+        set: function (val) {
+            _this.options.transactionBlockTimeout = val;
+        },
+        enumerable: true
+    });
     Object.defineProperty(this, 'defaultAccount', {
         get: function () {
             return defaultAccount;
diff --git a/test/contract.js b/test/contract.js
index 18d0a9c6c77..b727ee937b8 100644
--- a/test/contract.js
+++ b/test/contract.js
@@ -283,6 +283,111 @@ var runTests = function(contractFactory) {
 
             assert.throws(test);
         });
+        it('should define the handleRevert object property if passed over the options', function() {
+            var provider = new FakeIpcProvider();
+            var contract = contractFactory(abi, address, {handleRevert: true}, provider);
+
+            assert.equal(contract.handleRevert, true);
+            assert.equal(contract.options.handleRevert, true);
+        });
+        it('should update the handleRevert property in the options object', function() {
+            var provider = new FakeIpcProvider();
+            var contract = contractFactory(abi, address, {handleRevert: false}, provider);
+
+            contract.handleRevert = true;
+
+            assert.equal(contract.options.handleRevert, true);
+        });
+        it('should define the defaultCommon object property if passed over the options', function() {
+            var provider = new FakeIpcProvider();
+            var contract = contractFactory(abi, address, {common: true}, provider);
+
+            assert.equal(contract.defaultCommon, true);
+            assert.equal(contract.options.common, true);
+        });
+        it('should update the defaultCommon property in the options object', function() {
+            var provider = new FakeIpcProvider();
+            var contract = contractFactory(abi, address, {common: false}, provider);
+
+            contract.defaultCommon = true;
+
+            assert.equal(contract.options.common, true);
+        });
+        it('should define the defaultHardfork object property if passed over the options', function() {
+            var provider = new FakeIpcProvider();
+            var contract = contractFactory(abi, address, {hardfork: 'istanbul'}, provider);
+
+            assert.equal(contract.defaultHardfork, 'istanbul');
+            assert.equal(contract.options.hardfork, 'istanbul');
+        });
+        it('should update the defaultHardfork property in the options object', function() {
+            var provider = new FakeIpcProvider();
+            var contract = contractFactory(abi, address, {hardfork: false}, provider);
+
+            contract.defaultHardfork = true;
+
+            assert.equal(contract.options.hardfork, true);
+        });
+        it('should define the defaultChain object property if passed over the options', function() {
+            var provider = new FakeIpcProvider();
+            var contract = contractFactory(abi, address, {chain: 'mainnet'}, provider);
+
+            assert.equal(contract.defaultChain, 'mainnet');
+            assert.equal(contract.options.chain, 'mainnet');
+        });
+        it('should update the defaultChain property in the options object', function() {
+            var provider = new FakeIpcProvider();
+            var contract = contractFactory(abi, address, {chain: false}, provider);
+
+            contract.defaultChain = true;
+
+            assert.equal(contract.options.chain, true);
+        });
+        it('should define the transactionPollingTimeout object property if passed over the options', function() {
+            var provider = new FakeIpcProvider();
+            var contract = contractFactory(abi, address, {transactionPollingTimeout: 0}, provider);
+
+            assert.equal(contract.transactionPollingTimeout, 0);
+            assert.equal(contract.options.transactionPollingTimeout, 0);
+        });
+        it('should update the transactionPollingTimeout property in the options object', function() {
+            var provider = new FakeIpcProvider();
+            var contract = contractFactory(abi, address, {transactionPollingTimeout: 1}, provider);
+
+            contract.transactionPollingTimeout = 0;
+
+            assert.equal(contract.options.transactionPollingTimeout, 0);
+        });
+        it('should define the transactionConfirmationBlocks object property if passed over the options', function() {
+            var provider = new FakeIpcProvider();
+            var contract = contractFactory(abi, address, {transactionConfirmationBlocks: 0}, provider);
+
+            assert.equal(contract.transactionConfirmationBlocks, 0);
+            assert.equal(contract.options.transactionConfirmationBlocks, 0);
+        });
+        it('should update the transactionConfirmationBlocks property in the options object', function() {
+            var provider = new FakeIpcProvider();
+            var contract = contractFactory(abi, address, {transactionConfirmationBlocks: 1}, provider);
+
+            contract.transactionConfirmationBlocks = 0;
+
+            assert.equal(contract.options.transactionConfirmationBlocks, 0);
+        });
+        it('should define the transactionBlockTimeout object property if passed over the options', function() {
+            var provider = new FakeIpcProvider();
+            var contract = contractFactory(abi, address, {transactionBlockTimeout: 0}, provider);
+
+            assert.equal(contract.transactionBlockTimeout, 0);
+            assert.equal(contract.options.transactionBlockTimeout, 0);
+        });
+        it('should update the transactionBlockTimeout property in the options object', function() {
+            var provider = new FakeIpcProvider();
+            var contract = contractFactory(abi, address, {transactionBlockTimeout: 1}, provider);
+
+            contract.transactionBlockTimeout = 0;
+
+            assert.equal(contract.options.transactionBlockTimeout, 0);
+        });
         it('.clone() should properly clone the contract instance', function () {
             var provider = new FakeIpcProvider();