If an owner of a land collect money for land and he has not signed deed of conveyance. What is the implication?

The owner or seller can't refuse to sign the deed of conveyance after receiving the money for the property which he sold to you. In the same vain he cannot refund the purchase price because the fact that you negotiated the price and you paid same you acquired equitable title for the property.

If the owner of land collects money for the sale of the land but has not signed the deed of conveyance, the transaction is incomplete in law, and legal title has not passed to the buyer. Here's a breakdown of the implications:

1. No Legal Title Transferred

The deed of conveyance (or deed of assignment) is the legal document that transfers ownership of land or property. Until this document is duly executed (signed) by the owner, the buyer does not acquire legal title, only at best an equitable interest.

2. Risk to the Buyer

Without the signed deed:

• The seller may resell the land to another person.
• The buyer may struggle to register the land.
• The buyer may have limited remedies if there's no written agreement.