Common Contracts
1 similar Refundable Deposit Agreement contracts
Refundable deposit agreement templateRefundable Deposit Agreement • February 8th, 2021
This clause is useful for all forms of business, which is not made on the deposit receipt by the payer after the amount has been paid at a later date by paying the remaining balance. The deposit shall be in good faith of the payer with a view to paying the full debt of the goods or services at a later date. The deposit, also known as an advance, is refundable subject to the conditions. An A payment is a part of the total payment or security that is made in a bona fide encyclical and is used to finalise and monitor the agreement or purchase. With the purchase, such as a car, the deposit is usually made to hold the vehicle, so the dealer does not sell the car to someone else. The deposit shall be kept for the lessor until the expiry of the lease, provided that no damage is caused to the property. How does deposit work? The deposit is usually linked to the agreement to buy the payer is obliged to monitor the terms or lose the deposit amount. If the payer performs by the end of the contrac
