Johnny Augustine - Realtor
08/26/2021
SirLuckHomes Market News
Buyers lose right to recover deposit after seller breaches agreement
Essentially, don’t procrastinate with deadlines on extensions.
You can lose your deposit.
Buyers lose right to recover deposit after seller breaches agreement | REM | Real Estate Magazine A buyer who wishes to take advantage of a seller’s breach of the APS and seek the return of the deposit must indicate that they intend to do so within a reasonable time, or else they will remain bound to complete the transaction.
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Niagara Region
Welland, ON