What is the name of your state (only U.S. law)? FL
I entered into a contract to buy a boat from a private seller in Florida. There was no written agreement; only oral. He told me that the cost to transport the boat to my city (Charleston, SC) should be around $1500, and that the cost of insurance was small. He never gave an actual figure. When I started looking into transportation options after sending the deposit, the avg price to transport was over $3K my selected insurance company required me get 30-35 hours of professional Captain instruction before I was covered personally, which will cost more than $3K.
I told him 5 days after the agreement that I didn't know how I would be able to continue the purchase, but never fully backed out. He cashed my $1K deposit 4 days AFTER that conversation.
He now says the contract is void and is retaining my deposit. Can I get it back?
I entered into a contract to buy a boat from a private seller in Florida. There was no written agreement; only oral. He told me that the cost to transport the boat to my city (Charleston, SC) should be around $1500, and that the cost of insurance was small. He never gave an actual figure. When I started looking into transportation options after sending the deposit, the avg price to transport was over $3K my selected insurance company required me get 30-35 hours of professional Captain instruction before I was covered personally, which will cost more than $3K.
I told him 5 days after the agreement that I didn't know how I would be able to continue the purchase, but never fully backed out. He cashed my $1K deposit 4 days AFTER that conversation.
He now says the contract is void and is retaining my deposit. Can I get it back?