Welcome to the Real Estate Forum


The "ORIGINAL" Real Estate Social Network" SINCE 2005 and your #1 Resource for all things Real Estate


  •  »Over 35,000 Members
  •  » Answer Questions From "REAL" Buyers & Sellers
  •  »Ask Questions & Share Stories With Fellow Real Estate Professionals.
  •  »Read Articles & Blogs written by Real Estate Professionals.

...you have come to the right place!


YES! I want to register an account for free right now!


p.s.: For registered members YOUR FORUM NAME is free of ads

Results 1 to 3 of 3
  1. 05-23-2011, 09:29 PM #1
    kys101
    kys101 is offline Renter
    Join Date
    May 2011
    Posts
    1

    Default 3 day cooling off period

    I sold my house - contract signed and 10% deposit obtained by cheque, the buyer then exercised the cooling off period because "he could no longer live in the area due to personal safety, due to personal feud". Am I eligible to receive any of the deposit or not? Thanks Kylie
    Reply With Quote Reply With Quote
  2. 05-24-2011, 08:50 AM #2
    reallyreal
    reallyreal is offline Renter
    Join Date
    May 2011
    Location
    Las Vegas, NV
    Posts
    14

    Default

    I don't believe so, according to the FTC site you have to refund all money.
    Reply With Quote Reply With Quote
  3. 06-04-2011, 01:46 AM #3
    trimaxprop01
    trimaxprop01 is offline Fixer Upper
    Join Date
    Jun 2011
    Posts
    15

    Default

    Yes I totally agree with reallyreal. Also, for the reason of cooling off period agreement.
    Investment Property Administration

    Professional Property Management
    Reply With Quote Reply With Quote
« Previous Thread | Next Thread »

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Forum Rules