BuildingHomes.ca - Building your community!

BuildingHomes.ca - Building your community! (http://www.buildinghomes.ca/community/forums/index.php)
-   Calgary (http://www.buildinghomes.ca/community/forums/forumdisplay.php?f=32)
-   -   Builder Deposit Can I get it back? (http://www.buildinghomes.ca/community/forums/showthread.php?t=17222)

firstbuilder 2011-06-20 03:15 PM

Builder Deposit Can I get it back?
 
Put $50000 down to start building process. Can I back out of the deal and get it back? No plans have been given yet.

Ambers 2011-06-21 07:57 AM

Did you sign a contract? If you did it should be listed in there what they do with the deposit. I know on mine they get to keep it, but they can give it back if they want to I would think. Your best bet is to talk to the builder and explain why you want it back, and hopefully it all goes well for you. Good luck!!

GregS 2011-06-21 09:05 PM

Not sure if this is a custom contracted home, or a production builder home. Either way there should be a purchase agreement regarding termination of the contract. Your lawyer would have reviewed this part and will be able to properly explain it to you.


All times are GMT -4. The time now is 12:45 PM.

Powered by vBulletin® Version 3.8.10
Copyright ©2000 - 2022, vBulletin Solutions, Inc.