Buyer Beware – Failure to Pay Your Deposit on Time May Lead to Termination of Your Property Contractaccess_timeOctober 23, 2024personNelson Turnerturned_in_notBuyers, Commercial Land and Buildings, Conveyancing, Deposit, Residential, SellersThe payment of a deposit for the purchase of a property is common practice, however, many buyers and sellers are unaware that failure to pay such deposit on time could result in the seller terminating the contract.