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Hi Terry ... would you be able to elaborate a bit more. How can you sell when only you have paid 5% or 10% of the total land value a the time of exchange? And why would the new purchase buy it when he knows the seller is not even the owner of the land? Please demystify if you can .....thx.

Hi Guys, Just wanted to clarify this point, if one exchanges contract on a land and has not settled yet on it, can he sell the land? I was hearing mixed views as my understanding was once you are the owner of the land (become one after you have settled on it) then you can sell (provided...