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Property Legal Advice

Asked by Doogle 21 Feb 2013

Hi my seller wants to pull out of the sale. I have paid the 10% deposit. The agent fees and some legal fees. Do I get all of these back plus 10% of the property value?

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David Wong Lai Kwong · Answer 1 · 2013-02-22T13:22:01+08:00

David Wong Lai Kwong

Replied 22 Feb 2013

Your lawyer that you hired to do the S&PA should be able to advise you on your rights and compensation written in the signed contract. Likewise, if it is just a Letter of Offer, the agent should be able to advise you on your rights and compensation which has been agreed in writing. Anything not agreed in writing is arguable. You may have a caveatable interest on the property if the Owner had accepted your deposit and agreed to the terms of purchase in a binding contract. Please check with your lawyer Read More

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