When writing a letter to request a refund from a builder, it's essential to maintain clarity and politeness while including all necessary details. Clearly state the date of the agreement, the nature of the transaction, and the reason for the refund request. Specify the amount to be refunded and the preferred mode of refund. Express anticipation for a prompt response and provide contact details for further communication.
Sample Letter for Refund of Money from Builder
To,
________ (Name of the Builder).
________ (Address of the Builder)
Date: __/__/____ (Date)
From,
________ (Name),
________ (Address)
Subject: Request for refund
Sir/Madam,
This letter is in reference to the mutual agreement between us on __/__/_____ (date) for the _______ (construction work/purchase of property/other) at property ________ (mention address).
Respected, as per contract terms, it is to request you to kindly refund the amount already paid because __________(reason for refund). The amount to be refunded is _________ (mention amount). Amount may be refunded in the form of ___________ (mention – RTGS/ NEFT/ Cheque/ Cash).
I look forward to your quick response. You may contact me at the contact detail mentioned below.
Regards,
_________ (Signature),
_________ (Name),
_________ (Contact number)
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FAQs
- What should I include in the refund request letter to a builder?
- You should include the date of the agreement, nature of the transaction, reason for the refund request, amount to be refunded, and preferred mode of refund.
- Is it necessary to specify the mode of refund in the letter?
- Yes, specifying the mode of refund helps expedite the process and ensures clarity between both parties.
- How long does it typically take to receive a refund from a builder?
- The time taken for a refund to be processed can vary depending on the builder's policies and procedures. It's advisable to follow up if there's a delay.
- Can I request a refund for any reason?
- While you can request a refund for various reasons, it's essential to ensure that your reason is valid and supported by the terms of your agreement with the builder.
- What should I do if I don't receive a response to my refund request?
- If you don't receive a response within a reasonable timeframe, it's advisable to follow up with the builder through additional communication channels such as phone calls or in-person visits.
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