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14 July 2019 | 28 replies
They: Want protection for a forfeited loan and the confidence they can be made whole in that event.
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6 December 2020 | 11 replies
I saw this and was thinking you have to be kidding me but nope I am basically being threatened court over not providing a deposit statement on a forfeited deposit due to the lease being broken.
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21 July 2020 | 6 replies
Then I indicated if they back out, they forfeit the earnest money.In my case, the earnest money was the damage deposit + cleaning fee.
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2 August 2020 | 8 replies
If I don’t receive the 1st month’s rent on time, the applicant forfeits the security deposit and I start over.
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30 January 2020 | 8 replies
If they cancel, for any reason, they forfeit the holding deposit and I put the unit back on the market immediately.
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10 February 2020 | 28 replies
Just remember when you do this, you are waiving your financing condition, so once the contract is approved by lawyers and you approve your home inspection you will have to close or forfeit your deposit.
7 February 2020 | 2 replies
We haven't performed any inspections, because we are concerned the property may not be released and we would forfeit the cost of the inspections.
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11 February 2020 | 7 replies
If they fail, for any reason, the Holding Deposit is forfeited to me and I put the property back on the market for someone else.
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12 February 2020 | 35 replies
I use a "Holding Agreement" that says they will rent the unit no later than [DATE] for [TERM] and [PRICE] and if they change their mind - for any reason - then they forfeit the deposit and I put it back on the market.
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17 February 2020 | 2 replies
If a sale goes through, the deposit becomes part of the down payment or closing costs as directed by the attorney If the sale doesn’t go through without a legal reason from the buyer, the money is forfeited to the seller If the sale doesn’t go through and the buyer has a legal reason, the money is returned to the buyerWhat kinds of contingencies are there?