With a change of circumstance, I decided that I would sell my vehicle. An interested party put down a deposit.
Following this, I gave the interested party a signed deposit with the following:
I, XXX confirm that I have received $300 AUD from XXX as a partial
deposit as part of a due diligence process for the sale and purchase of a 2015 Landrover Defender
I now no longer want to sell this car and was going to refund the interested party their money. The interested party has said that as I have entered into a 'contract' with them, I am obligated to complete the sale.
Is this correct, and do I have to complete the sale?
Thank you
Following this, I gave the interested party a signed deposit with the following:
I, XXX confirm that I have received $300 AUD from XXX as a partial
deposit as part of a due diligence process for the sale and purchase of a 2015 Landrover Defender
I now no longer want to sell this car and was going to refund the interested party their money. The interested party has said that as I have entered into a 'contract' with them, I am obligated to complete the sale.
Is this correct, and do I have to complete the sale?
Thank you