yes you can relocate to a lockout timer, one of my FC members actually did this one on accident for a goblet house, they bought one they didn't want but didn't realize it would lock the plot, so when the FC member who did want it went to it. it was found they could NOT move there, but another FC member tried it and it said "purchase" and the only option to come up was relocate, so you can yes move to a plot that is locked, click it and try on the placard, i dont think its been changed at all since personal housing release (when this was done) also he ended up "teeing off" (to replace a swear word) the FC next door by getting it cuz they where going to wait for the timer to go away to get it for a member