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.
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.
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.
It means that it's Non-Refundable No money Back Deductible means takes out I think Im not shure But hoped It helped :)
Yes. There are two kinds: refundable and non-refundable. If a non-refundable credit exceeds the taxpayer's liability, the excess credit is lost. If a refundable credit exceeds the taxpayer's liability, the excess is refunded to the taxpayer.
Tax credits are financial incentives provided by the government that reduce the amount of tax owed by an individual or business. They can be either refundable or non-refundable; refundable credits can result in a payment back to the taxpayer if the credit exceeds their tax liability, while non-refundable credits can only reduce tax liability to zero. Tax credits are typically designed to encourage specific behaviors or support certain groups, such as education, healthcare, or renewable energy investments. Overall, they play a crucial role in tax policy and economic support.
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.
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.
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.
A refundable deposit can be returned to you if you meet certain conditions, while a non-refundable deposit cannot be returned to you under any circumstances.
The policy for the non-refundable deposit for this apartment is that once it is paid, it cannot be returned to you under any circumstances.
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.
A deposit on a used car may or may not be refundable, depending on the terms agreed upon with the seller. Typically, if the deposit is non-refundable, it means the buyer forfeits it if they decide not to proceed with the purchase. However, if the seller agrees to a refundable deposit, the buyer can get their money back if they do not complete the transaction. Always clarify the terms before making a deposit to avoid misunderstandings.
A deposit is made to cover any possible damages and may be returned if there is no damage. A pet fee is non-refundable charge for having a pet.
If you signed something that said they could keep the deposit, it will be tough. You will have to sue them. If you did not sign anything stating it is a non-refundable deposit, then explain that you did not sign anything stating it was non-refundable, you gave them money and received nothing and that you will sue if they don't return it. == Hopefully there was a provision in the agreement that you must have signed stating the steps as to what would happen with the deposit for the purchase. It would seem reasonable to keep an application fee, but not the other. Check in with a real estate attorney to see what you have--perhaps a letter from him to the complex will do the trick.
out of a 2200 deposit how much should be set aside for non refundable for cleaning ect.
I believe they are the same thing but ask to be sure. The law refers to the "security deposit" and no portion can be non-refundable (at least in California) so make sure the "caution deposit" isn't in addition.
refundable