can i get my holding deposit back if i change my mind
by Elmo Casper
Published 2 years ago
Updated 1 year ago
Have you signed a written lease agreement with the person who you were to rent the apartment from? If not, you should be entitled to the return of your deposit for the unit you decided not to rent. The laws in most staes are that all depositis for a agreement that has not been signed are typically refundable.Aug 2, 2011
Is a deposit to hold something refundable?
It is also a promise of the seller to hold the vehicle until you finalize the purchase. Most deposits or money down are not refundable unless stated otherwise.
Can you get deposit back if you change your mind?
If you made a deposit on a property, you should get something in return to make it a valid contract. This could mean the property was held for a while to give you time to sign a lease. But if you changed your mind immediately, you would not have been given a return and you should get your money back.
Is a deposit legally binding?
When you agree to pay a deposit, it becomes part of a legal contract. Such contracts give rights to and place duties on you and the supplier.
Can you lose your deposit when buying a house?
At exchange of contracts both you and the seller are legally bound by the contract and the sale of the house has to go ahead. If you drop out, you are likely to lose your deposit.
3 hours ago
· If you give the landlord a holding deposit when you submit the rental application, but the landlord does not accept you as a tenant, the landlord must return your entire holding …
12 hours ago
· If the tenant changes his or her mind about moving in, the landlord may keep at least some of the holding deposit. A holding deposit merely guarantees that the landlord will …
4 hours ago
Answer (1 of 6): Yes of course , if you had just booked a car and not purchased it but given the deposit money and now you wants to go for another car or just don't want to buy it. Then …
6 hours ago
· In most circumstances, if the landlord decides not to offer you a tenancy, you should get your holding deposit back within 7 days. You should also receive a refund on your …
12 hours ago
· But if you changed your mind immediately, you would not have been given a return and you should get your money back. And some states additionally have “cooling off” laws that …
14 hours ago
· If a tenant chooses not to move in, for example if they change their mind and find a different place to rent, the landlord can keep the holding deposit. It is important for tenants to …
20 hours ago
· A holding deposit or “holding fee” is a financial sum that a potential tenant will pay as part of their application to rent a property. The deposit secures the property for that tenant, …
8 hours ago
Can I get my holding deposit back if I change my mind? If the tenant changes their mind and doesn't take the property, you must grant a holding deposit refund and return their holding …
