Quote:
Originally posted by rhiggsbear
Generally, a deposit is fully refundable if the seller does not having any monetary damages due to the buyer backing out of the deal. ......The seller should return 100% of the deposit if he was able to sell the tank for full price and did not incur any additional costs doing so. If this went to small claims court, the buyer would prevail.
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Excellent points! Thanks Rhiggsbear!
By the way, I hope the buyer and seller work it out, but contrary to what a certain poster maintains, this is why the board is the success it is. I know I have been educated on this thread, and when you are as brilliant as I am already, that is saying quite a bit
