Is the Reservation Fee part of the Total Selling Price of the Property? Is it refundable?

February 23, 2021

Is the Reservation Fee part of the Total Selling Price of the Property? Is it refundable?

Yes, the Reservation Fee is part of the total selling price, and it is non-refundable if the buyer fails to settle the monthly equity stipulated on the contract, usually 28-30 days.

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