Free Legal Advice Philippines

Disclaimer: This web site is designed for general information only and does not create attorney-client relationship. Persons accessing this site are encouraged to seek independent counsel for legal advice regarding their individual legal issues.

Log in

I forgot my password




You are not connected. Please login or register

Scenario: Land Sale with Contract to Sell, buyer backs out

View previous topic View next topic Go down  Message [Page 1 of 1]

Mc2012


Arresto Menor
What if seller and buyer already signed and had a contract to sell notarized for purchase of a Real Estate Property, and buyer has already in fact paid a portion of the sale price (included in the CTS)-- but then for some reason, buyer backs out. Is the seller legally obligated to give back the partial payment even if no mention of this refund in case of backing out is in the CTS?

If the seller is obligated to return this money, wouldn't it be unfair since the seller could have already spent this elsewhere?

View user profile

View previous topic View next topic Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum