Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Questions tagged [contracts]

For questions that relate to the outcomes of contracts such as loans, securities, derivatives, employment, etc.

64 questions
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11 answers

Rent cheque was stolen from landlord - am I obligated to pay again?

I live in Quebec, and my rent cheque was stolen from my landlord as they travelled to the bank to deposit it. They've asked me to stop payment on the cheque, and provide them with a new one. The stolen cheque was not cashed, but I stopped payment,…
lrey
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3 answers

Is it practical to take actual delivery on a futures contract, and what is the process?

Usually people trade futures speculatively, ie. they buy and sell contracts without actually delivering the goods. However, technically the futures are contracts for delivery of a certain amount of goods. Can't you then simply buy a gold futures…
Superbest
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12
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5 answers

guarantor's responsibility if lease is completed, but tenants refuse to leave

We signed a lease guaranteeing the rent for our son. He was expected to pay when he got on his feet, but has made no payments. We have paid all monthly payments and there are 2 months left on the lease. We put in our notice of not intending to…
mjohnson
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3 answers

Is it standard practise for rent to increase in line with the RPI?

UK based, South East specifically, but not London. I have a rental contract which specifies the rent will increase yearly in line with the RPI, minimum 3% and maximum 7.5%. I'm not sure if this is something I can push back on since I have friends…
MKHC
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7
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2 answers

Estate agent wants to charge a large amount to change the contract

I live with two other people in a house share in the UK. One is moving out, and the estate agent who handles the contract wants to charge us £300 for the pleasure of changing a name. We think this is far too much. Our landlord thinks it may be…
MKHC
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6
votes
1 answer

Does a home buyer have any protection against the seller breaking the contract?

I'm somewhat familiar with the process of buying a house in the United States and I imagine the process is similar in other countries. Normally, the would-be buyer deposits some "earnest money" with a third-party at the time the contract is signed.…
Daniel
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6
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3 answers

Clarifying a phrase on a rent agreement

Consider the following sentence: "For the period from Tenant's move-in date, _________, through the end of the month, Tenant will pay to Landlord the prorated monthly rent of $1200." Does this mean that the Tenant will pay a fraction of $1200 equal…
Mathmank
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5
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3 answers

Credibly Commit to Charity Matching?

Edit: Thank you all for your answers, I consider this issue resolved! The answer appears to be that there is no easy or universal platform that enforces charity-matching commitments, but that charities are often willing to work with you to set up…
capet
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5
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1 answer

Resale of a House with Estate Rentcharge

Made an offer on a c. 40 yr. old freehold house in London. Had offer accepted. When going through the docs as part of pre sign-off due-dilligence, turned out there is a 300 GBP / year Estate Rentcharge with draconian remedies like: Right of…
A.L. Verminburger
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5
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4 answers

Is an inspection contingency with "no money back" wasted verbiage?

We are the sellers. Our contract explicitly states 2 things: The Buyers can back out based on the inspection and receive earnest money back. Sellers will not provide money back at closing, or make any repairs based on inspection report…
maplemale
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5
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2 answers

UK Broadband company started a new 12 month contract without my authorisation

I don't want to name the provider so have referenced them as Provider. The following has happened to me and I want to know where I stand legally. This has happened in England (UK). In December 2015 I moved into a property I had purchased. I ordered…
user127538
5
votes
1 answer

Germany - Tax implications for a full-time contract in the same year of a HiWi contract

I'm about to graduate from a German university. At the beginning of the year, I am working a HiWi (research assistant) job, and the contract ends in March. After I graduate I'm going to take up a full-time job in Germany (e.g. starting in April, or…
xji
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4
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2 answers

How are option contracts enforced?

Option contracts (this question also applies to futures) on exchanges are required, legally, to at least put an option margin of 50% to cover some collateral. However, if things go as expected for the contract buyer and they execute the deal of the…
Danyil Bee
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4
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1 answer

Can I get sued by a company after winning a chargeback?

I have a problem with a company that has delivered a service that it considers to be completed, even though it has failed to comply with the contract. I have evidence to justify these failures and would like to possibly open a dispute for a…
jawpotato
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4
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2 answers

Paid Cash for a car and dealer called me to return it 10 days later?

Bought a car cash from a dealer and traded in my car with a lien left over of $1100 dollars. We agreed after negotiations on buying used car for $23K and they would accept my trade for $5500 leaving $1100 remaining from my payoff. I kept reminding…
Bob Lewis
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