The situation is like this SPA signed in 2021, VP maybe by end of 2024 or early 2025. After alot of thought the location of the project just doesn't work for many of us in the house hold.

We want to let go. What are the options and what is the impact to us as SPA signatories?

I've read about the 10% penalty with that bank but am assuming that's not the only hurdle. 10% would be way too much for us in which case we'd be force to take VP and just rent, wait out the 5 year lock-in period before trying to sell the unit.

Thank you!