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deposit confusion


shas

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Hi all, can anybody give me some advice please.

If a house sale falls through at the last minute, and the deposit is then removed from the buyer, is this then handed to the person who has lost the sale or divided three ways between the Notaire, the Immobillier and the vendor.

Many Thanks in advance.

Sharon.

 

 

 

 

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HI SHAS, NO GOOD ADVICE IM AFRAID BUT WE SEEM TO BE IN THE SAME BOAT, SEE OUR POSTING UNDER OWNING/BUYING IN FRANCE. AND WE WOULD ALSO LOVE TO KNOW THE POSITION REGARDING DEPOSITS IF ANY! AND WHO ACTUALLY GETS THE MONEY WHEN THE BUYER DEFAULTS. LETS HOPE SOMEONE OUT THERE KNOWS THE LEGAL POSITION. BEST WISHES, GEOFF1664.
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