Traditional Culture Encyclopedia - Travel guide - What are the requirements for the deposit in the travel contract?
What are the requirements for the deposit in the travel contract?
Legal analysis: 1. The down payment shall not exceed 20% of the contract amount. If the travel agency defaults, it needs to double the deposit; If the visitor breaches the contract, the deposit will not be refunded. 2. If the deposit amount agreed by the parties exceeds 20% of the subject matter of the main contract, the excess cannot be legally guaranteed.
Legal basis: Article 586 of the Civil Code of People's Republic of China (PRC), the parties may agree that one party shall pay a deposit to the other party as a guarantee for the creditor's rights. The deposit contract is established when the deposit is actually paid.
The amount of the deposit shall be agreed by the parties; However, it shall not exceed 20% of the subject matter of the main contract, and the excess shall not have the effect of deposit. If the actual amount of deposit paid is more than or less than the agreed amount, it shall be deemed as a change of the agreed amount of deposit.
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