A deposit means that in order to ensure the performance of the contract, in accordance with the law or the agreement between the parties, one of the parties shall pay the other money or other substitutes in advance, according to a certain proportion of the target amount of the contract, at the time of signing or after it is concluded but before fulfilled.
deposit?
Xiao Wang recently signed a house purchase contract.The terms of the contract stipulate that the down payment is 100,000 in cash, and the remaining 100,000 will be paid when preocessing the property right certificate.