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How to claim back booking fees?, developer without ADPL
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recife P
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Oct 10 2020, 01:56 PM
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New Member
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I recently also paid a booking fee of RM1k to this agent and he said will fully refund back the money if I decide to cancel. I believe he will do it so. But my concern is I have signed a pre-contract due diligence and request for option to purchase. Should I ask for the agent to ask send me a cancellation T&C?
Essentially I’m just worried if there’s legal implication in the future if there’s no B&W that I have cancel this.
Thanks and sorry if this is a noob questions.
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recife P
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Oct 10 2020, 03:38 PM
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New Member
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QUOTE(mini orchard @ Oct 10 2020, 02:07 PM) Any cancellation tnc must be included in the option to purchase contract. If is not stated, is your word against the agent. Hopefully the agent will honour what he promised and whether there is an admin fee for cancellation ... if is RM1k, meaning no refund. In the option to purchase T&C, it does state “to refund or cause to be refunded the security money (booking fee) free of interest should I fail to perform any of my obligation as stipulated in clause...” The “clause” talks about responsibility of buyer to apply for loan etc. But I’m just scared (for some reason) that if I cancel this booking, that there would somehow be any legal consequences later down the road, so I thought is it advicable for me to also get a signed T&C from the agent to confirm this cancellation?
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