Deposit registration form introduction After the legal relationship between the two parties no longer exists and there are no other disputes, the deposit shall be refunded. Deductions will be made in case of default. The deposit is substitutable. Generally, one party has submitted substantial subject matter for the other party. In order to ensure that the delivered subject matter can be returned, the other party is required to pay a considerable amount of deposit. When the contract cannot be performed, the deposit will be confiscated as a solution. The form of the contract reflects the protection of the interests of the party other than the party who paid the deposit. The deposit registration form can be used to register various information about the deposit.
Deposit is also called margin, risk deposit, etc. in practice. It refers to the agreement between the parties that the debtor or a third party pays a certain amount of money to the creditor as a guarantee for the performance of the debt. When the debt is performed, the deposit will be returned or deducted; when the debt is not performed, the creditor may have priority in receiving the payment. The person who pays the deposit is called the mortgagor, and is usually the debtor or a third party. The person who receives the deposit is called the chargee, and he is the creditor. This site provides a free download of the deposit registration form. We hope it will be helpful to you!
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