Legal Question in Real Estate Law in Virginia
home purchase agreement
article in agreement reads:'' The deposit is 35,000, of which 0 is non-refundable'' does this mean that none of the amount is refundable, of all of the amount is refundable.
Asked on 3/16/08, 11:22 pm
2 Answers from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
Re: home purchase agreement
"Of which no amount is refundable" is
probably what was intended although the words themselves suggest exactly the opposite, i.e.,"all of the amount is refundable".
Answered on 3/17/08, 7:37 am
Robert Strupp
Robert J. Strupp,Attorney at Law, PLC
Re: home purchase agreement
If it is written as you wrote it, it would seem to mean that it is all refundable. However, if the intent was the opposite, there may be controversy. Considering the sum at stake,I suggest contacting an attorney.
Answered on 3/17/08, 7:46 am
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