What happens if the dealer paid me a deposit but backed out of the deal last minute? Is there any recourse for me as the seller? | Ask Motorist | Motorist Singapore

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Kanthan asked about Sell Car

over 7 years ago

What happens if the dealer paid me a deposit but backed out of the deal last minute? Is there any recourse for me as the seller?

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If a dealer backs out after giving a deposit, you may forfeit the deposit given. However, this is based on the sales agreement which includes such clauses.

about 7 years ago