Last November 2006 I signed an agreement with a home builder to build a house for me and my family in Laurel, MD
As part of the agreement, I deposited $25,000 for the home + another $10,000 for options. The contract stated that the home was to be ready by May 2007.
- In April, they told me it will be ready June
- In June they told me late July or early August
- Now they are telling me, they don't know when it will be ready ... that maybe the second quarter of next year.
They are still building the first house and they say it is the model and until they finish that one before they can start any other house.
My question is: Can he legally keep my deposit?
P/S: There is no clause that says he can keep my deposit. I have ready over the agreement several times and there is nothing.
I am supposed to be out of my condo by December, and I have a 6 month old son and a wife (who is still in college).
It took me over siz years to save this money.... Any good lawyers out there?
2007-10-02
04:55:49
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13 answers
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asked by
Tawani
3