The Ruling on the Deposit in a Sale Contract
Machine translationRead the Arabic original
Question:
Shaykh, this person is asking a real estate agent about the ruling on the deposit we take from the buyer or the tenant of apartments?
Answer:
The deposit is a portion of the price or the rent paid at the time of the contract. If the contract is one with an option to cancel, and the deposit is taken, then according to the correct view, the one who takes the deposit is entitled to it, and it belongs to the seller. Whether the buyer proceeds with the transaction and pays the price, or withdraws from it, the deposit belongs to the seller. Yes.
Shaykh, this person is asking a real estate agent about the ruling on the deposit we take from the buyer or the tenant of apartments?
Answer:
The deposit is a portion of the price or the rent paid at the time of the contract. If the contract is one with an option to cancel, and the deposit is taken, then according to the correct view, the one who takes the deposit is entitled to it, and it belongs to the seller. Whether the buyer proceeds with the transaction and pays the price, or withdraws from it, the deposit belongs to the seller. Yes.
Source
نور على الدرب - الفوزان - 03/128 — archive.org (10:10)
The Arabic text is a machine transcription of the audio recording.