How to return the deposit for the apartment

Before the direct conclusion of the real estate purchase and sale transaction, the owners of apartments often require a deposit that would confirm the seriousness of the buyer's intentions. However, it is not always possible to predict all the circumstances, the situation may occur when the deposit must be received back. Let's deal with whether it is possible to do it and how.

Share the concept of "advance", "deposit" and "pledge". The deposit is a sum of money or movable property issued by the debtor, to confirm the fulfillment of the payment due to it. Advance is a payment that precedes the fulfillment of obligations in the account of future payments and does not give any guarantees. Pledge - any property that in case of non-fulfillment of obligations is removed by the owner of the pledgee.

When documentaries, it is important to indicate that the monetary amount transferred to the owner is precisely a deposit.

The deposit is greatly popular with prior arrangements about the future deal, since both the seller and the buyer are equally beneficial. The owner can be confident in the reliability of the applicant, and the buyer is that the facility liked will not change in price and will not be sold as a sustained.

The deposit can be returned in the case when the transaction is terminated due to the reasons independent of both parties or by agreement of both parties, as well as in the event of non-compliance with the parties to legal requirements for issuing an agreement on a set.

The most correct will issue a deposit in the presence of a notary. In this case, real estate agents are not worth trusted, 80% of them are newcomers, which themselves are not literate in legal matters.

If, by agreement on a departure for an apartment, you are not a violator of obligations, then the deposit you will be registered. In case of refusal of the seller, returning you money you have the right to apply to the court.