Goto Administrator > Extensions > Template Manager > Options > Global Configuration for Templates > Preview Module Positions set Enabled. View all modules positions by adding ?tp=1 to the end of your URL such as http://example.com/index.php?tp=1.
Yes you can. You may use Joomla Templates for Commercial use, Personal use, Professionnal use and you are authorized to make modification to our Templates to fit your purposes or requests of your clients. However, you are not permitted to remove any copyright in Premium Templates within the XML file. PSD files are not provided as part of the templates.