Asked by m***@gmail.com
Can i get a refund of my deposit if i decided not to buy the property?
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2 Answers
Hi. Loharaj here, registered property agent. Kindly do contact me at 0168040477
or email at loharajshan@gmail.com . Let me assist you. Thank you
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Hi,
If you already paid the earnest deposit and signed the confirmation letter/ letter of offer/ offer to purchase, if you cancel the deal, your earnest deposit usually will be forfeit( this is the normal practice and stated in the term and condition). unless the T&C stated you can cancel because of some other reason.
This is very depending of the content of the contract you sign or the property is new development project ? already issued APDL? all this can change your situation, you need to find out the situation only can give you the answer.
Best Regards,
Morgan Koh (REN 06063)
+6016-6968923 Read More
If you already paid the earnest deposit and signed the confirmation letter/ letter of offer/ offer to purchase, if you cancel the deal, your earnest deposit usually will be forfeit( this is the normal practice and stated in the term and condition). unless the T&C stated you can cancel because of some other reason.
This is very depending of the content of the contract you sign or the property is new development project ? already issued APDL? all this can change your situation, you need to find out the situation only can give you the answer.
Best Regards,
Morgan Koh (REN 06063)
+6016-6968923 Read More