0
Can a car dealer keep your deposit if you frauded on your application?
Wiki User
∙ 10y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Can a car dealer keep your deposit if I am not approved for finance?
yep, do it!
What if a car dealer takes your deposit but then can't get financing?
If the financing was being arranged by the dealer he should return your deposit. However, if you were arranging the financing then it is not his fault and depending on the wording of your contract he may be entitled to keep your deposit.
If a management company requires 500 of the deposit as part of the application process and then you decide not to lease the house is it legal for them to keep your 500?
If it is clearly stated on the application that the fee is an "Application Fee" and not used for any other purpose (security deposit or utility deposit) it MAY be forfeited if youvoluntarily withdraw from the application process. It cannot be forfeited if they rule you ineligible because of financial or other reasons. This forfeit clause SHOULD appear on the application so that the applicant is aware of it. If it did not appear, you should be able to recover your fee although you may have to threaten to go to Small Claims Court to get it.
If a management company requires you to give 500 of the deposit as an application fee and you change your mind about the house can they keep your 500 if you don't lease the house?
If it is clearly stated on the application that the fee is an "Application Fee" and not used for any other purpose (security deposit or utility deposit) it MAY be forfeited if youvoluntarily withdraw from the application process. It cannot be forfeited if they rule you ineligible because of financial or other reasons. This forfeit clause SHOULD appear on the application so that the applicant is aware of it. If it did not appear, you should be able to recover your fee although you may have to threaten to go to Small Claims Court to get it.
What is a bank's reserve-to-deposit ratio?
this is the amount of deposit the central bank authorise bank to keep them
Where can you find certificates of deposit?
The bank will give you one every time you make a deposit, if you need a copy of your deposit then talk to your bank. They keep all deposit slips on file for you to have.
How deposit important to a bank?
deposit is like food for banking body to keep it operative by way of using it .
Can a car dealer keep your deposit if your financing doesn't go through and you have already taken possession of it?
as long as you have returned the car as requested. A dealer may try to keep a deposit, however most states allow for reasonable costs, re-washing,(detail) anybody or physical damage that wasn't there before and maybe miles but the law is very clear as to use and intent. drive the car for 5 days and put 15000 miles on it and you will probably lose, drive normal miles 500-2000 this would be normal. Most dealers will not retain deposits if the financing is turned down, it's not legal and it's bad business. There is a non-refundable deposit kind of deal, special order, last one in stock, these kind of deposits can and will be kept by the dealer.
Why would a landlord keep the security deposit?
A landlord will keep a security deposit if the condition of the rental property was damaged by the occupant in some manner. The security deposit is to cover the expenses of repairing the rental property after the tenant has moved out of the premises.
How can you get a large deposit made on a co-op apartment returned if you were denied residency and the attorney for the complex is refusing to refund your deposit?
If you signed something that said they could keep the deposit, it will be tough. You will have to sue them. If you did not sign anything stating it is a non-refundable deposit, then explain that you did not sign anything stating it was non-refundable, you gave them money and received nothing and that you will sue if they don't return it. == Hopefully there was a provision in the agreement that you must have signed stating the steps as to what would happen with the deposit for the purchase. It would seem reasonable to keep an application fee, but not the other. Check in with a real estate attorney to see what you have--perhaps a letter from him to the complex will do the trick.
What can you do if your landlord refuses to give you back your security deposit because you lost your receipt?
If your landlord accepted the security deposit from you he must return to you unless he have legal grounds to keep all or part of the security deposit. I don't think that the loss of your receipt for the security deposit is enough to allow your landlord to keep it. Thus you can sue him.
Can landlord after 7 years keep deposit?
Your landlord can only keep your deposit if your cause damage to the property outside of normal wear and tear, which, after seven years of continuous tenancy, would be quite difficult to prove unless he is meticulous about maintenance of the property. The longevity of your tenancy has nothing to do with whether your landlord can keep your deposit.
