Deposit Directions

There are naturally times when you don’t want to execute a mutual release but you are prepared to return the deposit. All you need is a Direction, and this is …

Deposit Timing and Delivery

Question: If an offer is accepted on a Friday and your buyers cannot get the deposit in until Monday, please address that in the offer!!! It says 24hrs, not when …

Deposits and the Mutual Release

Just the Direction Question: When it comes to releasing a deposit back to a buyer when a conditional deal doesn’t firm up (can’t fulfill Sale of Buyers’ Own Property, for …

“Just Deposits” Course

The Course, “Just Deposits”, basically covers all you ever wanted to know about deposits. When it comes to deposits, ask yourself the following questions: Is a deposit necessary? What happens …

Unpaid Deposits and the Contract

What happens if the purchaser doesn’t pay the deposit? Can the vendor get out of the deal? Can the vendor simply sell the property to someone else? The Courts look …