Seller’s Preferred Deposit Clause

If the deal doesn’t close, the Seller wants the deposit as soon as possible. Many agreements will have various references to getting the deposit if the buyer is in default. …

Buyer In Default Resurfaces

Question: So confirmation of acceptance is signed. Both parties complete acknowledgement. Buyer does not deliver deposit. Buyer is in breach of contract. Seller doesn’t sign mutual release. Seller relists home, …

The Non-Refundable Deposit Issue

Securing the Deal for the Vendor There are many situations where a Vendor would like to ensure that the Buyer brings a good deposit to the table and as time …

Deposits in Conditional Deals

Question: No deposit delivered on conditional deal. Does the buyer need a mutual release? I am certain the Seller does not plan to resell, and also the fact that the …