0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
How do get your deposit back from a car dealer if you don't buy the car?
That depends on whether you signed anything when you put down the deposit, and whether it was a refundable deposit or a non-refundable one.
Non refundable deposit refundable when?
Non refundable deposit means that the deposit will NOT be refunded to you at any time in the future after you make the non refundable deposit.
In California is a deposit on a car refundable if don't buy it?
Unless it is stated in writing that the deposit is refundable, it typically isn't. The person accepting the deposit has essentially removed the car from the market and may have missed another sale because you had made the deposit, which was your promise to purchase the vehicle.
Accounting treatment for refundable deposit?
I received rental refundable deposit back, how i treat in account and what type of head is it.......
Is a pet deposit refundable in Pennsylvania?
I'm no lawyer but... There is a general principle that all deposits demanded by a landlord must be 100% refundable. The deposits may be used for legitimate expenses, such as damage done by the pet, but if it's not refundable, it's not a deposit, it's a fee. Tenants have a right to know what repairs or cleaning are required to get their deposit back and they have a right to do that work. If they fail to do it, then charges can be subtracted from the deposit.
Is a non refundable deposit legal?
I've never heard of a non-refundable rent deposit. The term "deposit" is money that is left to cover certain damages if they occur. Otherwise one is entitled to its entire or partial refund (normally with receipts and documentation explaining the offset amounts). If a "Deposit" is non-refundable, then it's not a deposit, rather a fee-- typically the case with pet fees.
What is a half down non refundable deposit?
A half-down non-refundable deposit would be a 50% deposit on what you're making the deposit on (a $700 per month rent apartment might require a half-down deposit, i.e. $350), this deposit will not be returned at the end of the term / deal / transaction.
What are refundable containers?
A refundable container is one that you put a deposit on when you purchase it. When you return the empty container, you receive your deposit back. There are currently 10 US states that participate in this type of program.
Does a non refundable deposit cover anything?
It would be part of the payment for whatever the deposit is on. If you don't buy or use what the deposit is on, it is not refunded.
Do I have to refund a deposit on a deal gone bad?
A deposit may be either refundable or nonrefundable, depending on the wording used in the contract. Read the contract, if it states that the deposit is nonrefundable then you won't refund it. Otherwise you will likely have to refund the deposit, as the absence of a nonrefundability clause is usually taken to imply that the deposit was refundable. If there was no written contract it might just be best to refund it to avoid an argument and remember to use a written contract with an explicit nonrefundability clause in it next time if you want to avoid refunding the deposit.
Are you entitled to your deposit back no paper work has been signed?
Where I live a deposit is a payment to hold the vehicle.Please note I said paymentSo no, if you put down a deposit, you are paying us to not sell the car for a period of time.This payment is credited against your purchase but not refundable if decide not to buy.
My son 17 years old bough a car from a dealer lost his job can the dealer give my son his dowmpaymet and cacel the contract?
I doubt that your sons deposit will be refundable, however depending on the dealer, he may cancel the contract upon the return of the vehical. I doubt that your sons deposit will be refundable, however depending on the dealer, he may cancel the contract upon the return of the vehical.
