Most residential real estate purchase and sale contracts provide the buyer with a time period within which to inspect the property and to terminate the contract and receive their deposit back if they are not satisfied with the results of their inspection. An attorney will need to review your purchase and sale contract to advise you concerning your rights and obligations with respect to termination of the purchase and the right of the seller to keep your deposit. The contract should also specify your rights and obligations and procedures in the event of a dispute over return of the deposit. Many attorneys offer free initial consultations. You should contact an attorney immediately to ensure the maximum protection of your rights.
Most residential real estate purchase and sale contracts provide the buyer with a time period within which to inspect the property and to terminate the contract and receive their deposit back if they are not satisfied with the results of their inspection. An attorney will need to review your purchase and sale contract to advise you concerning your rights and obligations with respect to termination of the purchase and the right of the seller to keep your deposit. The contract should also specify your rights and obligations and procedures in the event of a dispute over return of the deposit. Many attorneys offer free initial consultations. You should contact an attorney immediately to ensure the maximum protection of your rights.