i purchased a lot with no title. the owner has tax declaration only. on the legal document that we executed, it is stated that i will give 50% down payment and the balance will be paid once he has converted his tax declaration into TCT or OCT through administrative proceeding. the problem is it has been 10 months now and there is no improvement whatsoever in what he is applying for. can i revoke the deed of sale and get my money back?
thanks a lot