My daughter sold her horse to a private party. She received 300 as a down payment and the ballance is to be paid in payments. Most of the contract was verbal accept for a receipt she gave the buyer with the amount paid and the ballance due. Other than that there are no signed documents. Two days after the agreement the buyer decided she did not want to continue with the sale and asked for her money back. Does my daughter have to refund the deposit ? She has turned down other potential sales since then. Hope you have some advise. Regards, Dave

Though she can keep the advance payment for her potential lose & you have no written contract as well. But it would be advisable to refund the money and surely she will find some other buyer soon. Good luck!