Yes, Manzil may consider financing a pre-construction property, provided the builder’s contract includes an assignment clause that allows the partnership to buy the property directly at closing[cite: 102].
However, please note that pre-construction transactions pose unique challenges... These deals may result in additional costs, such as legal fees, HST implications, and potential tax liabilities. [cite_start]We recommend discussing your specific contract with us early[cite: 103, 104].