Legal Question in Consumer Law in New York
If I put a down payment on a new car and my loan get rejected, can I get my down payment back?
Asked on 9/19/09, 12:26 pm
1 Answer from Attorneys
Michael Markowitz
Michael A. Markowitz, PC
It depends on the contractual language used when you gave the deposit. If the deposit is non-refundable, the answer would be no. If the contractual language makes the deposit contingent on you obtaining a loan, then the answer would be yes.
Mike.
Answered on 9/24/09, 2:03 pm
Related Questions & Answers
-
My son was ridning a new bicycle and the front fork broke on it aand he fell off had... Asked 9/10/09, 12:16 pm in United States New York Consumer Law
-
We sold our boat last week in NY to a couple from Vermont. A mechanical problem we... Asked 9/09/09, 11:30 am in United States New York Consumer Law
-
Question: in new york state, is divorce automatic with a separation after a period... Asked 8/28/09, 10:14 am in United States New York Consumer Law
-
I don't know what to do. I bought a car on August 16th. It is a 2000 Nissan Maxima... Asked 8/24/09, 11:02 pm in United States New York Consumer Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
