Common use of Refunds of deposits Clause in Contracts

Refunds of deposits. In the event where the transaction is cancelled and a refund is due to Purchaser, Purchaser is made aware that such refund could take up to 14 days to effect from when Purchaser has signed the refund documentation. This is due to the fact that IGrow does not hold funds of clients as it is paid to the transferring attorneys’ trust bank accounts and control over the release of the funds from the trust accounts are not within IGrow’s control.