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	<title>Charlotte Real Estate, Development, and Construction News: Mecklenburg Times &#187; Deposit</title>
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		<title>Require a big deposit to discourage buyer&#8217;s remorse&#160;</title>
		<link>http://mecktimes.com/news/2012/08/13/require-a-big-deposit-to-discourage-buyers-remorse/</link>
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		<pubDate>Mon, 13 Aug 2012 18:54:03 +0000</pubDate>
		<dc:creator>Benny Kass</dc:creator>
				<category><![CDATA[Columnists]]></category>
		<category><![CDATA[Kass]]></category>
		<category><![CDATA[Deposit]]></category>

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		<description><![CDATA[DEAR BENNY: Some states such as California have a 3 percent limit to deposit recovery; buyers have the right, if they legally back out of a contract, to secure a full return of up to a 3 percent deposit. Any deposit over 3 percent is not refundable. In California, I have never seen a deposit [...]]]></description>
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