So You Want To Keep The Buyer’s Deposit!

The buyer has cancelled the sale, can a seller keep their deposit?  The answers are no, yes and maybe. I discuss each scenario and what you can expect if buyer exercises a unilateral right to cancel or defaults on the contract.  For perfect clarity, this video is for informational purposes only.  Keeping a buyer’s deposit is a legal question and, if you are thinking about doing so, be sure to seek an attorneys advice and DO NOT RELY ON THIS VIDEO. Would you like to discuss your situation? Feel free to call me at 808-398-3220 or email me at keahi@keahipelayo.com 

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