Also be mindful that Alabama has a new law taking effect that is the auction occurred in 2020 if the owner didn't attempt to redeem prior to January 1 they forfeited their right to redeem.

If they fail, the holding deposit is forfeited as a penalty and I put the rental back on the market.

I would have to sign and say I am willing to forfeit the remaining 20%.

Many brokerages have exemptions for the sale of your principal residence but will want their cut in investment properties Being an independent broker, I always attempt to forfeit my commission and instead get a price reduction 

The average homeowner either sells and rebuys a home or refinances every six years, forfeiting the amortized interest rate and restarting the loan period.

If expenses and damages, exceed the amount of the Property Reservation Fee paid, the entire fee will be forfeited by applicant.

My lease states breach of contract forfeits the sec deposit.

Makes sense lawyer is forcing you to accept the faulty wiring or forfeit EMD, if letter came from laywerI'd contact the local BAR and file suit for my EMD back in response to their written threat.

This is how I found out that unit A was suddenly vacant.I informed the former tenants of Unit A that if they forfeited their rental deposits, I would not forego legal actions, and they agreed over text.

If buyer wants more time, they put in more hard money in escrow that is forfeited to you automatically if buyer doesn't close on time.