How To Get Your Down Payment Back

Table of contents:

How To Get Your Down Payment Back
How To Get Your Down Payment Back

Video: How To Get Your Down Payment Back

Video: How To Get Your Down Payment Back
Video: Roblox How to get a Robux Refund 2024, December
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The down payment is usually made in order to confirm the intention to conclude an agreement, and the possibility of refunding such a contribution largely depends on the terms of this document. When concluding a contract, it is necessary to carefully study the conditions for the return of funds: for example, the other party does not fulfill its obligations or the property sold has hidden flaws.

How to get your down payment back
How to get your down payment back

It is necessary

Passport, contract, receipt, notary, statement of claim in court

Instructions

Step 1

Regardless of what kind of deal you are going to conclude, try to protect yourself from possible risks. If you have the financial resources, seek professional help. When it comes to a large amount of money: for example, buying real estate, this can be done with the help of a real estate agency. It will check the purity of the transaction, help draw up the contract correctly and give a guarantee of the return of the down payment if any problems arise.

Step 2

If you have no desire to contact an intermediary, you can protect yourself from possible troubles. First of all, carefully read the contract: the conditions for the return of your contribution must be clearly spelled out. Most often, the papers indicate that the transaction can be terminated without financial loss for yourself, if its terms were not violated by you, or they were violated through no fault of yours. If something is not clear or in doubt, demand to decipher or rewrite this paragraph.

Step 3

When you give money, be sure to take a receipt. It will serve as proof that you really gave the money to the seller. The law says that this document will be valid even if it is written in simple written form, but by notarizing it with a notary, you will receive additional guarantees that your opponents will not be able to challenge it. authenticity.

Step 4

In cases where you were refused voluntarily to return the initial payment, you need to go to court. Make a statement of claim and wait until the appointed date of the court hearing. In court, correctly and reasonably state your position, provide all the collected documents and try to convince the judge that the return of your money does not contradict the terms of the signed contract. If the court ruled in your favor, then you will receive your money ten days later, when the court's decision comes into force.

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