1 The deposit and the deposit may or may not be refunded under certain circumstances. In practice, when the contract expires and the rights and obligations of both parties are fulfilled, the deposit or deposit should be returned. If one party breaches the contract, in this case, the deposit or deposit will not be refunded, then the deposit or deposit may not be refunded.

2. Legal basis: Article 586th 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.

2. What's the difference between deposit and security deposit?

The difference between deposit and deposit is as follows:

1. Deposit is a kind of security interest and a special form of pledge guarantee, that is, the debtor or a third party transfers a certain amount of money or equivalent to the creditor for possession in order to guarantee the performance of the debt, and when the debtor fails to perform the debt under the contract, the creditor can get priority compensation from the deposit. Deposit is a customary way in the process of non-governmental transactions, which is neither explicitly recognized nor prohibited by our laws.

2. The security deposit refers to the money left by one or both parties to guarantee the performance of the contract or deposited in a third party. This concept is widely used, such as contract bond, performance bond in bidding, bond in futures trading, and even bond in bail pending trial.