Asked by Pangjio
Can I cancel my purchase if I already paid 5 percent deposit
344 views
1 Answer
Morning Pangjio,
With 5% paid, I would assume you have exercised the option. To withdraw, you need to discuss with the seller/s, if they are agreeable with it.
If they are agreeable, you most likely lose your 5%. You will incur bank penalty and admin charges, etc.
But if they are not agreeable, you are liable to proceed with the sales, as they do have the legal rights to bring you through. Failure to comply will render legal actions from the seller/s.
I also believe your salesperson should be able to help you out, with the discussion and would have brief you such details, prior to offering for the unit.
Regards
Mike Lim
96929209
ERA Read More
With 5% paid, I would assume you have exercised the option. To withdraw, you need to discuss with the seller/s, if they are agreeable with it.
If they are agreeable, you most likely lose your 5%. You will incur bank penalty and admin charges, etc.
But if they are not agreeable, you are liable to proceed with the sales, as they do have the legal rights to bring you through. Failure to comply will render legal actions from the seller/s.
I also believe your salesperson should be able to help you out, with the discussion and would have brief you such details, prior to offering for the unit.
Regards
Mike Lim
96929209
ERA Read More