Legal Question in Credit and Debt Law in New York

I Want My Deposit Back
A person agreed to purchase a vehicle from my husband. He gave my husband a deposit and received a receipt not specifying whether the deposit was refundable or not. A week later he returns and say he does not want the car. Am I required to give him his deposit back?

Asked on 10/11/00, 11:47 am

1 Answer from Attorneys

Michael Markowitz Michael A. Markowitz, PC

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Re: I Want My Deposit Back

You should give the deposit back unless it is specified on the receipt that the deposit was non-refundable.

Answered on 11/06/00, 9:33 am

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