Elite Spellbinder — ruling 1

Playing the exiled card follows all normal timing restrictions.

Elite Spellbinder — ruling 2

If the exiled card is a modal double-faced card and its back face is a land, its owner may play it as a land. (Note that if the front face is also a land, you couldn’t have exiled it to begin with.)

Elite Spellbinder : règles, fonctionnement et interactions (MTG)

Elite Spellbinder is one of those cards players keep asking about. Here is, in plain words, what its official text says, the rulings published by Wizards of the Coast, and the combos players actually run.

Official card text

Flying When this creature enters, look at target opponent's hand. You may exile a nonland card from it. For as long as that card remains exiled, its owner may play it. A spell cast this way costs more to cast.

How it works : Elite Spellbinder

Original English text — Wizards of the Coast / Scryfall

#1April 16, 2021· Wizards of the Coast
Playing the exiled card follows all normal timing restrictions.
No other card is named in this ruling.
#2April 16, 2021· Wizards of the Coast
If the exiled card is a modal double-faced card and its back face is a land, its owner may play it as a land. (Note that if the front face is also a land, you couldn’t have exiled it to begin with.)
No other card is named in this ruling.