answersLogoWhite

0

Proceeding with a signed contract but no deposit in place poses risks such as lack of financial security, potential for non-payment, and difficulty in enforcing the terms of the agreement.

User Avatar

AnswerBot

6mo ago

What else can I help you with?

Related Questions

Can you get a refund on a car deposit?

It depends on circumstances, Why are you not getting the car?,,,,,,,,,,,,, Who were you getting it from?,,,,,,,,,,,,,,,,,,,,,,, When did you place deposit?,,,,,,,,,, Any other details? Dealer is in another state. No contract signed. Deposit was to indicate actual interest, but not a contract.


You signed a contract for a used car and got it financed but never took the car out the lot nor insured the car is the contract still binded?

If you signed the contract, the car is yours. The dealer can have the car towed at your expense if you don't take it away. it depends on the laws of the state in which the sale took place. a deposit on a car for example is always 100% refundable. no matter what any payment given to the dealer prior to delivery, either to "hold" the car or for the downpayment and the contract wasnt signed all monies are 100% refundable. if the contract was signed and the customer never took the car off the lot then the each state has its own laws about money being refunded. if the customer signed a contract, insured the car and drove the car off the lot then the car is 100% the property of the customer. and unless specifically noted in the sales contract may not be returned. this is know in the car business as a "cooling off period"


Sue freelance nonpayment contract?

Yes, you may sue anyone who breaks the items stipulated in any written contract signed and agreed upon by both parties in the first place.


Can you drive a rental car across country?

If the rental place allows it I suppose. Ask them.


What if the landlord wants me as the new renter to give the security deposit money to the last tenant and they left the place in a mess?

Giving the security deposit to the old tenant is a bad idea under any circumstance. Keep it simple - give it to the landlord. If the place is a mess, tell him (in writing) that you're not paying him the deposit until he cleans the place up. But, pay him the first month's rent, so you have a consummated contract.


When does a sale or purchase of goods is said to have taken place in the course of import or export?

as ss\oon as the leter of creit in place and perdormance bond is issued. delivery contract is signed


How can I get cash with a structured settlement?

This is vital that you negotiate this at the begining of the settlement negotiations. It is very difficult to get this put into place once the contract has been signed.


Does an addendum to a will need to be witnessed as well as notarized?

Surely the witness has to witness the contract being signed by the parties in the first place and then sign to state this?


If you have put your house on the market and have a buyer who has signed contracts and place a deposit but now you want to withdraw the house from seller cn you do this now?

Once you have accepted an offer then there is a valid contract. If you do not complete the transaction the buyer could sue you for specific performance which means they can force you to sell them the home. That is worse case scenario but it could happen. ----


How to buy a futures contract?

To buy a futures contract, you need to open a trading account with a brokerage firm, deposit funds, choose the specific futures contract you want to buy, and place an order through your broker. The contract represents an agreement to buy or sell a specific asset at a predetermined price on a future date.


Is there a prenuptial agreement in place after the marriage?

Yes, a prenuptial agreement is a legal contract that is signed before marriage to outline the division of assets and property in case of divorce.


My husband agreed to sell his car and then changed his mind. There was no written contract and no deposit. Can the other party place a lien on the car?

Generally: If there was no contract or written agreement and no deposit then there was no binding agreement between the parties unless the buyer sues in court and can prove (through witnesses and testimony) there was a oral contract. If the court renders a decision that there was a agreement it could issue a judgment lien.Generally: If there was no contract or written agreement and no deposit then there was no binding agreement between the parties unless the buyer sues in court and can prove (through witnesses and testimony) there was a oral contract. If the court renders a decision that there was a agreement it could issue a judgment lien.Generally: If there was no contract or written agreement and no deposit then there was no binding agreement between the parties unless the buyer sues in court and can prove (through witnesses and testimony) there was a oral contract. If the court renders a decision that there was a agreement it could issue a judgment lien.Generally: If there was no contract or written agreement and no deposit then there was no binding agreement between the parties unless the buyer sues in court and can prove (through witnesses and testimony) there was a oral contract. If the court renders a decision that there was a agreement it could issue a judgment lien.