Posted by Hdonly on February 20, 2021 at 20:54:19 from (71.220.208.163):
In Reply to: Selling a Tractor..... posted by Lfdfireman on February 20, 2021 at 19:19:31:
The $500 is considered a "Good Faith Deposit". If he has failed to meet the agreed upon terms, he forfeits the deposit and you continue in your efforts to sell the tractor to someone else. Been my understanding in private business deals since as far back as I can remember.
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