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Regarding earnest money Regarding earnest money

3 years ago

I recently gave 10000 rupees to a second hand car dealer as a security deposit to buy a used car. But before taking the car , now I am getting a better deal . The dealer refuse to return the deposit amount. He is saying that we forfeit the earnest money. What should I do?

Kishan Dutt Kalaskar

Responded 3 years ago

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A.Entire amount cannot be forfeited.
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