Traditional Culture Encyclopedia - Tourist attractions - Is the travel contract deposit refundable?

Is the travel contract deposit refundable?

Legal subjectivity:

The deposit in a travel contract is refundable under certain circumstances. If it cannot be realized due to the travel agency's breach of contract, the deposit can be refunded, and the travel agency should return double the deposit. If the party who paid the deposit fails to perform its contractual obligations, it has no right to request the return of the deposit. If both parties perform the contract, the deposit shall be used as the price or recovered. The law is objective:

Article 586 of the "People's Republic of China and Civil Code"

The parties may agree that one party shall pay a deposit to the other party as a Guarantee of claims. The deposit contract is established when the deposit is actually delivered.

The amount of the deposit shall be agreed upon by the parties;

However, it shall not exceed 20% of the subject amount of the main contract, and the excess shall not be effective as a deposit. If the actual deposit amount is more or less than the agreed amount, it will be deemed to have changed the agreed deposit amount.

"People's Republic of China and Civil Code"

Article 587

If the debtor performs its debt, the deposit shall be used as the price or be recovered . If the party who paid the deposit fails to perform its debts or performs the debts inconsistently with the agreement, resulting in the failure to realize the purpose of the contract, it has no right to request the return of the deposit;

The party receiving the deposit fails to perform its debts or performs the debts inconsistently with the agreement, resulting in the failure to realize the contract If the purpose is met, double the deposit should be returned.