What you need to know about the deposit

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Apuroos2172
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Joined: Tue Dec 17, 2024 3:42 am

What you need to know about the deposit

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control or by mutual agreement, then everyone stays the same. That is, the buyer gets the deposit back.

What is considered a breakdown of a transaction due to the seller's fault:

providing knowingly false information;
utility debts at the time of the transaction;
the presence of registered residents (they are considered an encumbrance);
delay in preparing documents;
a banal refusal to enter into a deal within the established time frame.
In all these cases, the seller will have to return the deposit in saint kitts and nevis business email list double the amount. If this does not happen, the buyer can go to court.

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Much more controversial issues are caused by "circumstances beyond one's control." Experienced realtors prefer to directly specify them in the agreement and indicate what the parties will do in case of a violation.

The most common cases are: a bank’s refusal to approve a property for a mortgage transaction and a guardianship refusal if there are children’s shares in the apartment.

Planning to buy real estate? Hurry up to get a mortgage with state support!

Sovcombank makes apartments on the primary and secondary markets accessible to families with children with state support.

How much does a deposit actually protect the parties?
The average deposit when buying real estate is 50-100 thousand rubles, which is then deducted from the sale price. On the one hand, this is a small amount, given housing prices. On the other hand, the possibility.
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