Hi all
I am going to sell some land that I have but have only held it for 10months.
I will wait another 2 months first before offloading it, to get the 50% cgt exemption.
My question is this.
An agent has presented me with a buyer that wishes to sign the contract post-dated 2 months in the future to secure the land, knowing that I won't countersign until mid December.
Is this legal to do this?
Ta
Aaron
I am going to sell some land that I have but have only held it for 10months.
I will wait another 2 months first before offloading it, to get the 50% cgt exemption.
My question is this.
An agent has presented me with a buyer that wishes to sign the contract post-dated 2 months in the future to secure the land, knowing that I won't countersign until mid December.
Is this legal to do this?
Ta
Aaron