Legal Question in Consumer Law in Maryland

Refund of Deposit
I signed up on 5/9/07 at a Real Estate Investing School located in Baltimore,Md for a tuiton of $15,000 and made a down payment of $2,500 with monthly payments of $420 for 36 months to begin on 6/20/07. I subsequently attended classes and began to put deals together on my own but through a series of different events begin to realize that the school was not providing me with the one-one support I expected.I had met with earlier the staff to express my concerns and there was no change in dealing with my concerns.I finally on 6/12/07 met with the individual I signed up with and gave her my written resignation and termination of the agreement.I was told that they would terminate the agreement but would not refund my $2,500 because it was a administrative fee and it was non-refundable even though it does not state that in writing.I need to know if I have a legitmate case for my $2,500 to be refunded?

Asked on 6/14/07, 2:09 pm

Alton Drew Alton Drew, LLC

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Re: Refund of Deposit

Does the contract provide terms and conditions for a refund? Does the contract describe the fee as an administrative fee?

Answered on 6/14/07, 3:21 pm

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