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I have placed a deposit for renting a shop. We have not signed any provisional agreement between landlord and tenant. I changed my mind after 18 days and sent an email to the landlord to withdraw lease. Can I ask for refund of part of deposit? Any cooling periods allowed? Can I sue landlord for refund?
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Dear Christine, When you mentioned not signing any provisional agreement, can i further confirmed that you have not even put in a letter of intent? It is difficult to judge if you can claim back your deposit as there is no black and white recording the terms and conditions. All are based on words between yourself and the landlord. I would advise you to seek assistance from a legal professional should you wish to pursue this issue and landlord is unwilling to return the deposit. If you have engaged the services of a salesperson, he or she should be in a right capacity to advise you what your rights are if he has handled the transaction. Regards, Geryl LIM Real Estate Director Masters Of Real Estate (L3010548F) CEA Reg R014783H Mobile: +65-81577565  /+65-92787772 Email: geryl7772@gmail.com https://www.facebook.com/propertyblogshop https://www.facebook.com/media/set/?set=a.297043923770884.1073741832.284747148333895&type=1&l=90fca1674e M.O.R.E Landed Dynamic Alliance - www.DAG.com.sg Home of *7772 Hotline Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! **Aspiring to be your preferred partner in real estate** The Game Is Changing... International Property Opportunities Await! Don't Be Left Behind! More and more investors are seeking offshore real estate for investment. Have you missed out on the last international property fair? Let me know if you are keen in overseas investment. Read More
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