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Putting a Deposit on an Item

  • 28-01-2010 4:45pm
    #1
    who_ru
    Registered Users, Registered Users 2 Posts: 2,033 ✭✭✭


    Hi all,

    recently i put a 100 euro deposit on an item due to be in stock next week.

    does that mean i am now legally obliged to buy that item or can i decline it & get my deposit back ?

    many thanks.


Comments

  • #2
    whippet
    Registered Users, Registered Users 2 Posts: 7,718 ✭✭✭whippet


    all depends on the terms and conditions that you agreed to.

    But generally speaking deposits are there to secure the item for yourself and should you choose not to buy the item the retailer can legally keep your deposit. Enforcing you to buy the item might not be as simple.


  • #3
    Oryx
    Subscribers Posts: 19,425 ✭✭✭✭Oryx


    afaik technically you could be forced to pay the balance for the item, but in practice I doubt this happens much. But you would forfeit your deposit if you dont want the item. Otherwise what is the point of a deposit? Its to provide security to the seller that you will come back and take the item specially held or ordered for you.


  • #4
    who_ru
    Registered Users, Registered Users 2 Posts: 2,033 ✭✭✭who_ru


    thanks guys


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