First time selling in KL, anyone can enlighten me on who keeps the earnest monies if the sale goes south? Can the agency keep 50% of this earnest monies?
Earnest Deposit, Who keeps it if things go south?
|
|
 Nov 6 2019, 06:56 PM, updated 7y ago
Show posts by this member only | Post
#1
|
 
Probation
1 posts Joined: Nov 2019 
|
|
Quote|
|
Nov 7 2019, 07:35 AM
Show posts by this member only | IPv6 | Post
#2
|
|
All Stars
14,511 posts Joined: Sep 2017
|
In the absent of any agreement or understanding between landlord and agent on earnest deposit, the industry practice is 50:50.
This post has been edited by mini orchard: Nov 8 2019, 06:14 AM |
|
|
Nov 8 2019, 01:05 AM
Show posts by this member only | IPv6 | Post
#3
|
Senior Member
1,251 posts Joined: Jan 2012
|
Have u signed the booking/option to sell?
|
| Change to: |  0.0165sec
 0.56
 5 queries
 GZIP Disabled
Time is now: 10th December 2025 - 04:20 PM |
All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)
Powered by Invision Power Board © 2025 IPS, Inc.