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Hi, appreciate your sharing, kindly proceed to seek help at small claim court.

Cheers
Stewart-PropNex (Senior Associate Division Director) Read More

Hi, if you have yet to sign the LOI, the good faith deposit can be returned to you, otherwise you can go to small claim tribunal against the LL.

Hi, hopefully you managed to get your doubt or query answered. If so, then congrats! Hopefully you are doing well now.

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Landon Chew
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Since you didn't countersign the LOI, the landlord has to refund the security deposit. If you need further assistance, you can WhatsApp me.

Mobile 94517639  Read More

Hi there, correct me if I am wrong.

You have put up an offer with good faith deposit, with a letter of intent stating your terms and conditions, which the landlord is not agreeable to. Landlord countered with another set of terms and conditions which you did not agree to as well, and now the landlord does not want to refund your good faith deposit?

Did you read the content on the Letter Of Intent to understand the terms of refund of Good Faith Deposit? You may wish to check with the agent now and see what the agent can explain. I do not wish to jump the gun without understanding the full scenario, but I believe the agent maybe able to explain better. If all fails, you may wish to file claims via Small Claim Tribunal assuming that the amount is relatively small.

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It sounds like you're in a tricky situation. Since you didn't countersign the Letter of Intent (LOI), it means there was no mutual agreement on the terms. Generally, without a mutual agreement, the good faith deposit should be returned to you.

Here are a few steps you can consider:

1. **Review the LOI**: Check if there are any clauses regarding the return of the good faith deposit in case of non-agreement.
2. **Communicate Clearly**: Politely but firmly communicate with the landlord (LL) or their agent, stating that since the LOI was not mutually agreed upon and signed, the deposit should be returned.>> IF LANDLORD SIDE HAS LANDLORD AGENT >> AGENT NEED TO RELAY YOUR SOUND LOGIC TO EDUCATE LANDLORD TO RETURN $$ TO YOU,...
3. **Seek Mediation**: If the landlord is still unwilling to return the deposit, you might consider seeking mediation through a professional body or a legal advisor.
4. **Legal Advice**: If the situation escalates, GO TO SMALL COURT TO CLAIM
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