You would forfeit your deposit. In other words, the seller gets to keep your deposit.
There are remedies available to the Seller if a buyer does not purchase the real estate as agreed in a written, fully executed contract. These are only available to the seller if the buyer has signed the contract and there are no limiting conditions such as a financial clause, inspection clause, due diligence period, etc. If the buyer breaches the contract the seller may sue to keep the buyer's deposit, sue for damages caused by the buyer breaching the contract, and may also sue for "specific performance" which would force the buyer to purchase and close on the real estate.
Some financial options offered by Chrysler include Personal Contract Hire, Baloon Hire Purchase and Hire Purchase. You can get more information about these options online at the Chrysler website.
Liquidated damages clauses are used when it is difficult to determine the extent of damages that would result from a breach of the contract. Therefore, in the contract (or here, purchase order), the parties agree before hand the exact amount one party would owe the other party if the contract is breached. That way, the parties do not have to fight over the extent of the damages because they "agreed" up front what damages would be necessary to "make the non-breaching party whole" in the event one party breaks the contract.
Ernest Money Contract - receipted purchase contract
There is no 3 day to cancel a new car purchase contract. The only time you have 3 days if the dealer came to your house or place of business and Solicit you. There is no 3 day to cancel a new car purchase contract. The only time you have 3 days if the dealer came to your house or place of business and Solicit you. ------------------------------------------------------------- Always read your contract before you deal with dealer, And I think is 10 days is very common for cancel your contract but it all are depend on your down payment & dealer's financial condition.
Many financial advisers can help you with your purchase. To buy a stake in HP, a financial consultant would be recommended. Defiantly talk to a financial adviser before a purchase.
A futures contract is a contract setting the price and date for a commodity purchase.
A futures contract is a contract setting the price and date for a commodity purchase.
Hire purchase contract/installments contract. lease
Yes, the dealer can cancel the contract but it is within 10 days of the date on the purchase contract.
(apex) a contract setting the price and date for a commodity purchase.
As soon as an agreement of purchase and sale has been signed by all parties, and a deposit provided by the purchaser, the contract is in force. The contract could, however, contain one or more "escape" clauses which would void the contract. It depends upon the wording of the contract.