Is the furniture deposit refundable?

Updated on furniture 2024-07-23
1 answers
  1. Anonymous users2024-01-24

    "Deposit" means that in order to guarantee the performance of the contract, the consumer pays a certain amount of money to the furniture seller (seller) in advance. If the contract is a "deposit", according to the relevant provisions of the Contract Law, when one party breaches the contract, the two parties shall agree to execute it according to the agreement; If there is no agreement, when the furniture seller defaults, the "deposit" will be refunded twice; When the consumer defaults, the "deposit" will not be returned. The total amount of the "deposit" shall not exceed 20% of the subject matter of the contract.

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It is not recommended to do so, I set Denmark, Italy, and pay a deposit of 50% to 60%.

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If it is expressly agreed to be in the nature of a deposit and delivered (not a deposit, i.e. in the nature of an advance payment), the deposit clause is established