Nov 29, 2018 6:20 pm
I have signed a contract on a block of land that is due to be titled mid December 2018. I have paid the deposit of 10%. I can now no longer proceed with the contract due to not being able to fund it. The seller will not let me out of the contract. Can I sell the land before settlement to someone one else.
Re: Untitled Land2
Nov 29, 2018 9:09 pm
Hi strongdee, ask your developer if that can be an option. When we paid our deposit to the land few months ago, we were told that we can sell the land to someone else in case we are not going to proceed with the settlement. Our land is due to title in 2019.
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