Please see below answers to your questions:
1.Waiting threads are signalled in FIFO order.
When we invoke await() method of Condition, thread goes into waiting state, the above statement refers to how these threads in waiting state are signalled. So if threads T1 went to waiting state before T2, T1 will be signalled before T2.
2.The ordering of lock reacquisition for threads returning from waiting methods is the same as for threads initially acquiring the lock, which is in the default case not specified, but for fair locks favors those threads that have been waiting the longest.
In continuation to above statement, when waiting thread is signalled, it tend to reaquire lock. Though above statement says T1 will be signalled before T2, but when it comes to reaquiring lock, the order of reacquisition uses concepts defined by Lock. So, it depends on how Lock object was created. While creating Lock you might have specified a fairness parameter:
ReentrantLock(boolean fair)
If yes then that parameter is used, if not then default behaviour of locks happens, you can read more on ReentrantLock Locks at this link
There could be more explanations to these statements, just tried to best detail my understanding here. Hoping was able to clarify.
Cheers !!