Non refundable deposit agreement pdf 2025

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A retainer is by default non-refundable and is not returned. Instead, it gets applied to the total. Think of a security deposit for an apartment or a cleaning deposit for an event venue rental (separate from the actual fee for the event cost itself).
Not usually. That is why it is called non refundable . You do not get it back for any reason. The only way to get it back is if the deposit was accepted under illegal circumstances. Then a lawyer can help you. Before you even pay a non refundabl
If the seller refuses to return your deposit If the seller breaches the terms of the contract and is refusing to refund your deposit agreed, you can: Contact your card provider and request them to reverse the transaction (known as chargeback), if you paid the deposit by credit or debit card.
You can say, Heres what we agreed to. Youll see that the deposit is non-refundable.
Buyer shall pay a non-refundable deposit to Seller in the amount of $ within (3 days if not filled in) days of mutual acceptance of this Agreement. If this transaction fails to close for any reason other than default by Seller, the nonrefundable deposit shall remain the property of the Seller.
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A: A non-refundable deposit agreement should include details such as the names of both parties involved in the agreement; the goods or services being offered; the amount of money being paid as a deposit; details of when and how the balance will be paid; and any special terms relating to the goods or services being
The whole point of a deposit is that its to hold the item so you dont sell it. Deposits are not refundable. Let her take you to small claims court. Shell lose.
In summary, a deposit is security for the buyers performance of the contract. It is generally not refundable unless the contract expressly states otherwise. In contrast, a part-payment is refundable, subject to any losses that the innocent party may have as a result of the breach.

non refundable deposit