I bought a piece of land and received a receipt from the seller, until the title deed for the land was issued to me. Is it permissible for me to sell it before the title deed is issued? Or does that come under the heading of selling something that one does not possess?.
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6,93219/01/2009
Ruling on buyer selling the land before the title deed has been issued
Question: 126425
Answer
Praise be to Allah, and peace and blessings be upon the Messenger of Allah and his family.
If the transaction between you has been completed then it is permissible for you to dispose of it, even if the issuing of the title deed is delayed. And Allaah is the source of strength. End quote.
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Islam Q&A