If I cancel before the final sale contract, what do I lose? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

If I cancel before the final sale contract, what do I lose?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

Before a final sale agreement is signed, cancellation is determined based on the order, the promise, the amounts paid, and the actual costs.

Steps

  1. After the sale is completed, we are no longer discussing simply canceling an order.

  2. Ask the bank to determine the current stage and the fate of any deposit or earnest money before making a decision.

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