Re: Lenght of time to close on sale of site?
A month would be a good transaction but that seldom happens. If the terms of sale are quite clear ( price, no conditions and an agreed closing date) and if purchaser has funds organised then a month is achievable. If all of these terms are not quite agreed ( ie if purchaser getting planning permission or if there are unregistered rights to be registered ( rights of way, easements, septic tank wayleaves etc.,etc) then how long is a piece of string?
If purchaser likes the site but would like to string out purchase because (e.g.) won't be building for a while so why pay a mortgage, the transaction can easily stretch.
Much depends on the parties, who wants what and when and the relative bargaining positions.
mf