Don’t want to buy a piece of furniture for which you have given a down payment? Whatever the layaway policy adopted by a merchant, they are required to comply with its rules.

Penalty in case of cancellation

Merchants cannot set in advance the penalty they will charge if you cancel an agreement (for example, in a contract, in their layaway policy, in a statement, etc.) However, in certain circumstances, they could ask for a sum of money to redress damages actually incurred because of the cancellation.

Last update : January 19, 2018

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The information contained on this page is presented in simple terms to make it easier to understand. It does not replace the texts of the laws and regulations.