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How are my payments to the Developers bank account guaranteed?

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The reservation deposit paid to developer’s bank account is legally protected by the reservation agreement signed between the developer and the purchaser. The Seller reserves the right to cancel this Reservation Agreement at any time prior to the signing of the sales contract, whereupon the Seller shall refund to the Applicant, double of the Reservation Deposit paid to the Seller, and all rights and obligations between the parties will terminate.

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