If I have not signed a purchase agreement, can I ask for a refund of the deposit for the purchase of

Mondo Social Updated on 2024-01-28

If you do not have a purchase agreement and have only transferred the deposit to the property, you can generally ask for a refund of the deposit. In this case, you can take the following steps:

1.Contact the developer: First, you can contact the developer and ask for a refund of the deposit. Explain your situation and make a refund request. During the communication, you can highlight that there is no purchase agreement between you, so the developer should refund the deposit.

2.Provide evidence: If the developer refuses to refund the deposit, you can provide evidence to support your claim. For example, transfer records, chat logs, emails, and other documents that can prove that you have paid a deposit.

3.Seek legal advice: If the developer still does not agree to refund the deposit, you can seek legal advice to understand your legal rights and possible solutions. A local real estate legal professional can help you assess the situation and advise accordingly.

It is important to note that the exact handling may vary from region to region, so it is recommended that you consult your local legal professional or relevant authorities for more accurate advice.

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