If we sell an apartment and took a deposit, do we want to cancel the sale?

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How to return the deposit? What was taken or more? There was no agreement yet.

10.04.2023 12:43 592

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Photo of lorina200215 Lorina Fedan

According to current legislation, if the agreement on the purchase and sale of real estate did not take place due to the fault of the buyer, the deposit is not returned. If the deal "failed" as a result of the seller's failure to fulfill his obligations, he must return the deposit to the client, even in a double amount (in particular, according to the court's decision).

25.04.2023 20:31

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