Subject	A deposit is refundable unless you state otherwise >
Posted by	SlicktopTT on September 24, 2002 at 12:02 PM
	This message has been viewed 80 times.
In Reply To	is deposit refundable? PLZ READ and reply. posted by latoilette on September 24, 2002 at 11:47 AM
Message	All you seem to have done is provided a receipt for his deposit. What he did is put down $200 to keep the option to buy the car open. Unless you told him that the deposit is non-refundable he is entitled to that money back. Same thing if you went to a dealer to buy a car and put down a deposit on car. Unless they specify that the deposit is non-refundable like in the case of special cars, you have the right to get your money back. I don't know what these other people are thinking.
Follow Ups	is deposit refundable? PLZ READ and reply. - latoilette 11:47:31 09/24/02 no, deposit is not refundable...you spent it (n/m) - damaged(pittsburgh) 11:52:19 09/24/02 deposit is non-refundable. keep the money. it's yours. - cant_z_me 11:55:44 09/24/02 (Law) Deposit. (a) A bailment of money... - Flycaz (MLB, FL) 12:01:20 09/24/02 A deposit is refundable unless you state otherwise > - SlicktopTT 12:02:38 09/24/02 Agreed. Sounds like some people could benefit from a - boileralum00 12:33:00 09/24/02 no sounds like some old timers need to brush up on their law - cant_z_me 12:48:02 09/24/02 Old timer? I just graduated in 2000 w/ a BS in Management! - boileralum00 12:59:17 09/24/02 haha..managment isn't law - cant_z_me 13:08:06 09/24/02 No, but the general law and the contract law classes I took - boileralum00 13:14:31 09/24/02 hey slicktopTT and boileralum00 answer me this - latoilette 13:20:15 09/24/02 Technically yes, you could put down a deposit of $10 - SlicktopTT 13:35:42 09/24/02 Neither is poly/sci. An excerpt I found - SlicktopTT 13:28:44 09/24/02 uh,yes it is...poli-sci=major before you got to law skoo (n/m) - cant_z_me 12:34:36 09/25/02 I think you are all wrong>>>> - CKZ(CA) 14:08:26 09/24/02 ??? Any form of payment deemed acceptable by both parties - boileralum00 15:30:56 09/24/02 Actually The law is covered in Article 2 of the UCC. - Flycaz (MLB, FL) 13:24:58 09/24/02 49 states (Louisiana is still holding out, last I heard) - boileralum00 15:33:12 09/24/02 Legally, Keep it. Friendly, Give it back. (n/m) - MugenRacer 13:41:38 09/24/02 Re: is deposit refundable? PLZ READ and reply. - BigMacZ 13:47:10 09/24/02 No deposit is so you could not sell out from under him>> - RT 13:52:48 09/24/02 there was a contract - latoilette 16:05:46 09/24/02 Don't be a cheap bastard, just give him his money back. (n/m) - Kenny (9 psi TT + NA) 15:44:40 09/24/02 It's yours ... if he doesn't get what a deposit is ... - markpearl91tt 18:32:52 09/24/02
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