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What if Sophia's wardrobe doesn't return the intention money?
Intention money can be refunded, because it is neither a deposit nor a deposit. Intention money is to show the buyer's willingness to buy a house, so the buyer can get it back before it is converted into a deposit.
Extended data
Under normal circumstances, after the intention money is converted into a deposit, if the next buyer fails to buy a house, the intention money will not be refunded; If the merchant can't sell the house, it will be returned to the next buyer in double according to the "deposit penalty".
However, if the Letter of Intent for Buying a House only makes a simple agreement on the purchase price and housing conditions, then in the process of signing the housing sales contract, there are differences between the upper and lower households on other major terms such as payment time, payment method, housing delivery and transfer registration, which leads to the failure of signing the sales contract, and there is no breach of contract between the upper and lower households, and the failure of the transaction cannot be attributed to either party;
That is to say, there is no breach of contract, then the guarantee relationship after the intention money is converted into a deposit will be lifted, that is, the intention money will be returned.
Baidu Encyclopedia-Intention Gold
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