5 Nov 2008

On the legal requirements of the contract deposit?

Question: Hello French Business Network lawyers, as a result of a business relationship, I often come into contact with some of the deposit of the contract, but I understand the legal knowledge is limited, would like to consult on legal deposit requirements of the contract in the end?



www.LegalCare.cn the French Business Network



www.LegalCare.cn the French Business Network



A:

www.LegalCare.cn the French Business Network

Hello, legal deposit of the requirements of the contract, mainly in the following two points: 1, the contract should be taken down in writing. Down from the actual delivery date. If the two sides signed a contract in writing down the contract, there is no delivery of deposit, the deposit can not occur the effectiveness of penalties. 2, deposit the amount agreed upon by the parties, but no more than the main subject of the contract amount of 20%, more than can not be considered part of the deposit.