answersLogoWhite

0


Best Answer

It's possible, but it would require tact and negotiation. Usually "regular stuff" bought and sold by private parties is "as is, where is" and no refunds are given. If, however, the purchase was made for an item that was represented as "working" and it wasn't, some limited recourse may be possible. The situation may end up in small claims or in civil court.

User Avatar

Wiki User

16y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Can a buyer in a private sale get a refund?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Accounting

What is the difference between a Stock sale or an asset sale?

In a stock sale, the buyer purchases all or a portion of the stock (or membership interest in the case of an LLC) of a business entity. In most cases, the purchase would be at least for a controlling (majority) interest. The business entity itself continues to exist as before, there is simply a change of ownership. Notably, if the business entity owed people money before the stock sale, it will continue to owe that money after the stock sale, so the new owner effectively assumes all of the obligations of the business.In an asset sale, the buyer only purchases assets from the business. Unless the buyer agrees to assume specific liabilities (or, in some instances, if there are specific liabilities that follow the assets, by law), the buyer is not responsible for paying the debts of the selling company. After the sale of the assets, the old company continues to have the responsibility to pay its creditors.


What does sale on account mean?

A sale "on account" would usually refer to a transaction where goods or services are transferred (sold) to a customer (buyer) on credit terms (to be paid for later at a specific time).


What do you mean by Cash Memo?

a cash memo is a document prepared by the seller and given to the buyer during a purchase or sale transaction


What is difference between deed of transfer and agreement for sale?

A deed transfer is where under a contract of sale of property in goods is transferred from the seller to the buyer while agreement for sale is where transfer of property is to take place at a future time or is subject to some conditions to be fulfilled latter.


What is Bond sale under Central sales tax act?

When goods are sold directly from Bond House to buyer by Bond House Authority is called Bond Sales. This sale is exempted of sales taxes..... Manish Verma

Related questions

How long after a car sale can a private party buyer return the car?

After a car sale, a private party can return the car within thirty days. This return policy is dependent on the individual seller.


Return car to dealer in Ohio?

You can return the car for repair, but not for a refund. The cooling off period law, or buyer's remorse law, does not apply to the sale of a vehicle.


Is it legal to knowingly sell a vehicle with no exhaust system in Oregon without notifying the buyer in a private party sale?

yes it is


Can a buyer in a private car sale reneg on the purchase?

Until money is handed over and papers are signed, you can back out whenever you want.


Is it legal to knowingly sell a vehicle with no exhaust system in Oregon withouout notifying the buyer in a private party sale?

no it is there job to check out the car


Can a seller back out of an auction on eBay?

A seller can back out for many reasons. Some reasons but not limited too:  Error in listing  Lost or broken item  The item is no longer for sale If you're a buyer and your not getting what you wanted please keep in mind that accidents and honest mistakes do happen. The buyer should get a refund from a seller that had to back out of a sale.


How do real estate agents charge their fees?

Typically a percentage of the sale that funds when escrow closed. 3% is normal, though generally the buyer's agent and the seller's agent split the commission 50/50. If the buyer has no agent, a partial refund is sometimes given to the buyer. sometime fixed amount may also be charged from buyer or seller insted of percentage.


I bought a used motorcycle from an individual and the radiator blew 4 days after the purchase date Am I covered by any buyer's rights or are private vehicle sales as is?

No. The sale is as is.


How can you get a copy of a bill of sale at a car auction?

You can get a copy of the purchase receipt from the auction if you are the buyer however car auctions don't work on a bill of sale. They have the title follow the car from seller to buyer. If the seller fails to provide the title prior to the start of the auction they are charged a fee which is typically around $50. They have 30 days to produce the title to the auction. If they fail to do so the buyer can return the car to the auction and get a full refund of purchase price.


If you are selling a car in FL to a private buyer does he take your license tags at the time of sale?

No, when he licenses and registers the vehicle in his own name at the DMV, he will receive his own tags.


Will having a lien prevent the purchase of a home?

Yes. A lien must be paid off before a property can be sold or mortgaged. In the case of a sale, the buyer's attorney will make certain the lien is paid from the proceeds of the sale before the buyer takes title.Yes. A lien must be paid off before a property can be sold or mortgaged. In the case of a sale, the buyer's attorney will make certain the lien is paid from the proceeds of the sale before the buyer takes title.Yes. A lien must be paid off before a property can be sold or mortgaged. In the case of a sale, the buyer's attorney will make certain the lien is paid from the proceeds of the sale before the buyer takes title.Yes. A lien must be paid off before a property can be sold or mortgaged. In the case of a sale, the buyer's attorney will make certain the lien is paid from the proceeds of the sale before the buyer takes title.


What is the process for a private party selling a car in Georgia?

When selling a car in Georgia to a private party, there is a few things you will need. You will need the title of the car, this will be used to sign over the car to the new owner so they will then have ownership of the car. You do not want to sign it over until all payment is accumulated. Once the title is signed over, the buyer has new ownership, and they wouldn't have to finish paying the balance. The second thing you would need is to a bill of sale. You can create one on your own or you can get one from the Georgia Department of Revenue, Motor Vehicle Division that is already drafted. The bill of sale will have the information, (Full name and address) of the buyer and seller, the car details, such as condition and price. The date of sale, and any liens will also be listed on the bill of sale. Both seller and buyer will sign the bill of sale. Make a copy of the bill of sale for the buyer, they will use this to get the new registration.