Up to what point is deposit refundable?

M

MacGyver

Guest
I've found any information I have on this to be quite ambigous. Would appreciate clarifaction from someone.

I put down a €5000 booking deposit on a property approximately 4-5 weeks ago. The contracts are now ready to be signed, but I have put it off signing for a few days while I get a few questions answered. My booking deposit cheque has already been cashed. If I pull out now, am I guaranteed to get my booking deposit back, and how will I get it back - do I have to wait for the developer to write me a cheque?

Thanks.
 
until the contracts are signed and returned, the booking deposit is refundable
 
Thanks. That's what I thought, but was beginning to doubt myself. Anyone know how the procedure works when getting your deposit cheque back after its already been cashed?
 
That's great. Thanks for all the help. Much appreciated.
 
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