I guess they’re just waiting for the balance owing since only the UPFRONT PAYMENT has been disclosed and/or received to date. Makes sense not only that the land title hasn’t changed yet (takes a maximum of weeks ) but that the alleged new owners aren’t screaming bloody murder for it to be changed.
Problem with this last aspect of the cancel fantasy is that even assuming one is correct that the land title couldn’t be changed yet (of course it could), then no company/individual would put down all monies initially only to have to wait another year to be shown to be the lawful owner. Standard would be to only put down a DEPOSIT till closing aka an UPFRONT PAYMENT
TAKE ANY OTHER REAL ESTATE DEAL.
One makes an offer. It is accepted, conditionally or otherwise. Until all conditions are removed and deal is ready to officially close (money exchanged for land title) only a deposit is required .
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