Legal Question in Real Estate Law in Utah

Preconstruction deposit

Do I have any legal right to get a ''non refundable'' pre-construction deposit returned to me if

A: I can no longer qualify for the loan due unforeseen job change and reduction in pay and

B: the home-builder's financing dept recommended that I borrow money from family in order to qualify--even AFTER knowing my now-lower income didn't support the house payment and

--name removed-- the home builder was able to sell the home (approx 8 months later)?


Asked on 5/24/08, 11:59 pm

1 Answer from Attorneys
Alvin Lundgren Alvin R. Lundgren, L.C.

Re: Preconstruction deposit

You may have some rights, it will depend on the documents which you signed. You may call for a free consultation.

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Answered on 5/28/08, 4:04 pm


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