What is the ruling on a company selling lands that have been divided, with their prices to be paid later, and is the sale considered valid if it is by agreement with the original owner and delivery is made after the completion of the purchase?
Ownership of the land transfers to the company as soon as the sale contract is concluded. The transfer of ownership does not depend on the seller receiving the price or the land being registered in the buyer's name. The company is permitted to sell the subdivided land, provided there is an agreement to deliver it after the installments have been paid and the land has been registered in the company's name.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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