refund of my payment

This is a discussion on refund of my payment within the Other Real Estate Law Matters forum, part of the REAL ESTATE & PROPERTY LAW category; philippines. i want to withdraw my payment on the lot i purchased. i only paid partial of the downpayment. can ...

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Old Jul 17th, 2009, 12:13 AM   #1
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Default refund of my payment

philippines. i want to withdraw my payment on the lot i purchased. i only paid partial of the downpayment. can i have a refund on the owner/developer of the land?
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Old Jul 18th, 2009, 08:49 AM   #2
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Default Re: refund of my payment

Check the terms of your contract closely. A deposit can be non-refundable but cannot be so large as to be a severe or unreasonable penalty for not proceeding.
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