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 auction house, terminate s&p contract

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TSding_dong
post Apr 21 2009, 08:56 PM, updated 17y ago

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hi lyn forumer

i have a question about auction house
i have bought an auction house and already pay 10% deposit.
so after sometimes i found that so many problem regarding this house that make me unable to complete all the legal process ( not because of me). so my lawyer that i appoint to do a legal process give a suggestion to me to terminate the contract.

so anyone ever get this kind of problem like this?
can i ask back my 10% deposit and can i claim all the necessary fee (like lawyer fee)
TSding_dong
post Apr 21 2009, 10:54 PM

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it is because the developer is worn out and unable to complete transfer ownership

no other developer take over or even jabatan insolvensi don't want to take on behalf of developer.

 

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