Tuesday, February 25, 2014

We recently decided to end our contract to build a new home. The company has agreed to refund our money but only after we sign a non-disclos...

Question

We recently decided to end our contract to build a new home. The company has agreed to refund our money but only after we sign a non-disclosure agreement. We refuse to sign it due to language within the agreement. I have three questions:

1) How long do they have to return the money?

2) Our we entitled to interest since they have our money more than 30 days?

3) Do we have to sign a non-disclosure agreement?

4) What next steps do you suggest?



Answer

It all depends upon what was in the contract that you signed. It may not hurt to hire an attorney to review (i) the contract and (ii) the NDA.



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