Legal Question in Business Law in Utah
Can a car dealer keep a $500 deposit for a car i ordered when i decide not to buy the car once it has arrived?
Asked on 7/02/10, 8:45 am
1 Answer from Attorneys
Randy Lish
Randy M. Lish, Attorney at Law
Have you signed a contract? If you have signed a contract, its terms will control. Frequently, the deposit on a large item will be considered damages, meaning that the seller is entitled to keep the deposit as damages if the buyer later backs out of the contract. Whether this is so in your case will depend on what the contract says.
Answered on 7/02/10, 12:17 pm
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