Legal Question in Credit and Debt Law in California
Deposit refund
I entered a verbal contract for the sale of my used car. The buyer and I agreed on a price and she gave me $100.00 deposit check to hold the car until she could get a check from her credit union. After two weeks of trying she could not get the financing and asked for her deposit check back. I refused and explained that I had been telling all potential buyers that the car was sold. She has now sued me for the $100.00 back. Does she have a case? Can I counter sue for the actual costs of the wasted ad and other expenses above the $100.00?
Asked on 2/01/01, 12:11 am
1 Answer from Attorneys
Ken Koury
Kenneth P. Koury, Esq.
Re: Deposit refund
She only has a case if the deal was contingent upon her getting financing. If not, then you could counterclaim.
Answered on 3/16/01, 11:12 am