How much is the penalty for canceling after buying a car from the stock market?

According to the economic correspondent of Fars news agency, if a person buys a car from the stock exchange and cancels at the final stage, he must pay a total of 5.5% of the total value of the transaction as damages or the cost of canceling the transaction.

According to the announcement of the Commodity Exchange, if the request to buy a car from the Commodity Exchange is approved, but the buyer intends to withdraw, he must pay the specified fine.

This fine consists of 2 parts, the first part is 5% of the total value of the transaction, of course, the penalty for cancellation applicants does not end there, and the applicant must pay 0.5% of the total value of the transaction as a fee in the second part, in addition to the mentioned fee. Pay at the end of the transaction.

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