In general, no. The dealer can not be liable for the buyer's inability or unwillingness to conduct business with a third party.
.
If you are concerned about being able to secure insurance, then before you purchase the car, you can introduce a conditional clause into your offer stating that the purchase of the vehicle is conditional upon the buyer being able to secure a motor vehicle insurance policy at fair mareket value. You should consider that the dealer may refuse to accept an offer with such a condition attached.
Yes ... If you have not signed any papers (repeat ANY) ... hopefully they gave you a receipt for the money given as a down payment ... otherwise, you may be left holding the bag for any proof.
Before you buy from a dealer, you should ask about the dealer's return policy, get it in writing, and read it carefully. There are different consumer protections in different jurisdictions. Different dealers offer a variety of options. You may need to rely on the dealer's good will to get your full deposit back.
You should have a receipt for the deposit and you need to read the small print for any language regarding a refund of the deposit. It may or may not depend on the goodwill of the dealer and the period of time passed since you made the deposit..
Depends on the contract you signed when you borrowed the money. With most lenders they can reposes their car if you miss one payment.
yes
The people you are buying the house from can sue you for the earnest money.
Yes, in general, if money is paid under a void contract it must be returned. For example, if a minor voids an optional contract for which money has been paid to a minor, the money must be returned to the minor. The minor may be required to return anything of value received under the voided contract.
You have two (2) years to stop payment on a US postal money order. You have forms to fill out one to stop payment that will cost you 6.40 or so and than a for 306 for them to pay you back your money if they decide it was fraud.
In economics, one of the four functions of money is to serve as a "standard of deferred payment". It means that a contract or agreement may specify (or imply) that the repayment of a debt be made..
Yes it is a contract. This is because it has all the elements of a contract. An offer from one party to settle the case for a certain amount of money and an acceptance of that offer. Both parties are competent to make the contract and there is a full meeting of the minds in a case like that. The settlement will call for payment within a certain period of time and if it is not made then, the person receiving the money has the right to declare a breach of the contract and either ask the court to reinstate the case or compel payment.
On any contract purchase, you have 3 days to back out and get your money back.
READ your lease. The lender can repo as long as you are in DEFAULT. As long as there is money owed on a contract, the collateral can be repossessed IF the contract is in default. Subject to some state guidelines.
Not if the money was meant to be an inheritance or gift to that person. If the deceased promised the money in payment for a debt, and there is a valid contract, the creditor can get the debt from the estate.
Performance bonds protect the obligee (obligee is the entity requiring the bond)Requiring a performance and payment bond will insure that the project will be completedIf the principal defaults in its performance set forth in the contract to the obligee and the contractor is unable to successfully perform the job, the surety assumes the contractor's responsibilities and ensures that the project is completed. Below are the four types of contract bonds that may be required1. Bid Bond which guarantees that the bidder on a contract will pierce into the contract and equip the mandatory payment along with performance bonds. 2. Payment Bond which guarantees payment from the contractor of money to persons who furnish labor, materials equipment and also supplies for use in the performance of the contract. 3. Performance Bond which warranties that the contractor will hold out the contract in pact with its terms. 4. Ancillary Bonds which are auxiliary as well as crucial to the performance of the contract. Source http://www.integritybonds.com
A homophone that means to bring a stop, payment of money