The typical exercise timeline for resale private property involves the following steps:
1. Buyers pay the 4% exercise fees and sign the OTP or Sales & Purchase agreement.
2. Salespersons assist buyers to get financing.
3. This process usually occurs within a period of 14 days.
It is important to note that "CAVEAT EMPTOR" applies, meaning it is the buyer's responsibility to ensure that the title they are buying is good.
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