In August 2011, Mr. Yang and his wife, Ms. Shao Yawei, paid a deposit of 100,000 yuan for a villa at the Pearl River East Bank project in Huizhou. Due to various reasons, they decided not to proceed with the purchase. However, when Mr. Yang informed the staff of their intention to cancel and request a refund of the deposit, they were coldly rejected. On October 25, 2011, they received a notice demanding payment of a penalty for breach of contract, threatening to forfeit the deposit otherwise. At this point, Mr. Yang and Ms. Shao sought out our firm's director, Attorney Wang Tengfeng. After listening to the parties' account, the director immediately pointed out that the core issue of this dispute was...
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