The Holding deposit is not refundable 7 working days after the payment has been made and applicant approved: Once a holding deposit is made, the place is taken off the market and may result in loss of business if a tenant changes his/her mind after 7 working days.
2) Notice of early termination of contract term: The security deposit is not be used as last month rent and may be
forfeited for early termination or cancellation unless discussed and agreed upon in writing between the Landlord and
tenant.

DEPOSITS :

A deposit is usually made upon signing a Agreement for Sale between a vendor and purchaser. If either parties choose to cancel the transaction after the AFS is signed, this may result in loss of deposit base on the discretion of the conforming party.

REFUND CONDITION :

For a 100% REFUND, we must be satisfied that: You have terminated our engagement in writing within 7 days of the date of the deposit.
For a 50% REFUND, we must be satisfied that: You have terminated our engagement in writing after 8-14 working days of the date of the deposit but less than 1 months; and no Agreement was signed.

There would be NO REFUND in the following circumstances:
You have terminated our application in writing after 1 month of the date of the deposit.
You have terminated our application in writing after an agreement was signed.

​TIME-FRAME FOR REFUND :

Refunds shall be processed and credited to the clients account within 14 working days from the date of termination of our agreement.

METHOD OF REFUND :

Refunds shall be applied electronically via online bank transfer or cheque.

CANCELLATION :

In the event of any cancellation and/or termination and/or withdrawal of Application by the Applicant/s for any reason whatsoever, the following cancellation charges will be applicable:
Post Unit Selection but before execution of Agreement of Sale: Entire amount paid as on cancellation date will be forfeited
Post execution of Agreement of Sale: The terms and conditions of the Agreement would be final and binding.
The Cancellation Charges shall be considered as a genuine pre-estimate of damages likely to be suffered by the Company including costs for loss of opportunity and shall be treated as liquidated damages.
The Cancellation Charges shall be deducted from the amounts paid by Applicant/s to the Company. Upon accepting a request for cancellation,