Seller's termination of contract

[zeenaprash]

What is the name of your state?What is the name of your state? Florida

I am the seller of a property in florida - Buyer has made an advance deposit of $1,000 on signature of agreement of sale. Seller wants to cancel agreement. What are the implications to the seller?

[HomeGuru]

Originally Posted by zeenaprash

What is the name of your state?What is the name of your state? Florida

I am the seller of a property in florida - Buyer has made an advance deposit of $1,000 on signature of agreement of sale. Seller wants to cancel agreement. What are the implications to the seller?

**A: how the heck would we know. We can't read the terms, conditions and contingencies in the contract, can we?

[BradleyS]

HomeGuru gets right to the point**************...

The purchase contract should have language about the disposition of earnest/deposit money. Read the contract and if you have any questions about the language post back.

[HomeGuru]

Yeah, right and right on**************.