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Dear Customer,
Welcome again!
Based on the above facts and in support of the Federal Debit Transactions Act, what the Bank has refused to give the loan and mortgage the property is legally valid as the property must have a certain value to secure bank or bank financing.
As for the deposit, which is the subject of question within this question as we understand only the law does not have the right of the seller to seize the deposit and refuse to deliver it to the buyer and we advise you to take legal action in full if the seller adheres to this view is represented by a legal warning, First, through the court to the second party and claim the deposit or else will be resorted to the competent court to file a lawsuit and give warning is very necessary, a formality is not accepted only the case and if he does not respond, the case must be instituted at that time and the value and compensation required.
Kind Regards,