Kayla R. asked
Can you retrieve a large deposit on an event that is more than a year away? The event is a wedding reception originally scheduled for October 2020 in Missouri, for which a payment of $2500.00 has been made. The contract states that 1/3 of the overall fees are due upon confirming the contract and that 'This acts as a reservation deposit. All payments/deposits are non-refundable.' What if both parties do not agree by contract to do so?
August 24th, 2024
Cory R. answered
If the parties agree by contract, they can retain the deposit as a reservation fee. However, if ther...
August 24th, 2024
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