- Our Refund -

Policy And Defaults

Refunds

Any refunds that the Purchaser shall be entitled to from the Vendor in this Agreement shall be by way of cheque. Further, any such refunds shall be disbursed in not later than ninety (90) days after the resale of the property. 

Defaults

If the Purchaser is for any reason unable to complete the sale transaction, the Vendor shall issue a fourteen (14) days’ notice to complete (the “Completion Notice”) and if at the expiry of the Completion Notice the Purchaser shall still be unable to complete, The Vendor shall terminate the Agreement by Notice in writing and shall be entitled to retain Ten (10) per cent of the Purchaser Price (being the agreed liquidated damages). They will refund the deposit paid (Less 10% of the Purchase Price) to the Purchaser upon resale of the said property!