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Is it possible to back out of a untitled lot contract after you have signed and paid already the downpayment?
Wiki User
∙ 14y ago
Depends upon the terms of the contract, but usually you forfeit your deposit if you do.
Wiki User
∙ 14y ago
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Can a dealership reposes your car for a downpayment even if you are up to date with the finance company and the finance company paid them already?
No, the dealership cannot repossess your car for a downpayment. However, if there was a downpayment paid, and your check bounced, that's passing bad checks, which depending on the amount of the down payment, could be a felony. Read the fine print on your contract and you'll see that if the car is related to the commission of a felony, it puts you in default, which means the finance company can repossess your car. It's all in the fine print, but dealerships and finance companies are all in business to make money, and they pay people like myself very well to make sure their interests are covered. I'd suggest paying your downpayment.
Can you get Mononucleosis?
It is possible, but not likely. If you have already had mono once, then the virus is in your bloodstream for life (no, you are not contagious for life) if you become very ill, or if your immune system is weakened, then it is possible to contract it again, albeit unlikely.
Is it possible to get a mortgage in my name if i already have a joint mortgage?
Sure, as long as your resulting monthly payment and downpayment are within the lending instiutitions acceptable guidelines for "loan to value" and "debt to income" ratios and your credit rating is good, you can qualify for any type of new loan, including a mortgage.
What would result from having my bank put a stop payment on my check for used car downpayment to Honda dealership even though car financing is through an out of state lending institution?
Stopping a check on a car that has already been signed for is a breach of contract. Doing so will allow the dealership to pursue for costs that were promised to be paid.
What are the dangers of selling house on contract?
If a seller and a buyer have already signed a contract, then you have to sell according to the contract. If you want to sell to someone else not on the contract, then you have to get out of the first contract.
Is it possible to unsell an item on EBay Someone already bought it but I don't want to sell it anymore Is it possible to unsell that?
If you have already sold an item on eBay, you have a contract to ship it to the buyer. You can get out of the deal if you explain to the buyer that you no longer wish to sell the item but you do risk losing your account for doing so. Good luck.
How much is it to switch to a different phone when one is already under contract for two years with the particular phone that they already have?
Check your contract... I did it once and I think it was around $200 (Cingular)
Who is responsible for home insurance on Land contract?
It is wise to address such matters before the contract is signed. This is dictated by the terms of the contract the parties agreed on. If you've already signed the contract then you will just have to read the contract to find out.
Do you say two year contract or two years contract?
two year contract two is already meaning ( more than one) so it is two year.
Can a realtor honor a second contract over the first if the first already signed the contract with realtor to purchase?
Generally, no. The realtor must honor the terms of the first contract. A legally binding contract is enforceable in court.
What is preexisting contractual duty?
A preexisting contractual duty is a common law rule of contract. It is wherein a party's offer of a performance already required under an existing contract is an insufficient consideration for modification of the contract.
Can you get a dealership in breech of contract regarding wrong mileage on car agreement?
yes by all state laws if on the contract if the milage is not the same on the car its a voidable contract already been thru this
