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Is the subscription equal to the deposit?

the subscription money is not equal to the deposit. There is a difference between the subscription fund and the deposit for the sale of houses, mainly as follows: \xd\1. Can it be refunded: If the buyer fails to select the ideal house, the developer will refund the "subscription fund" to the buyer in full (unless there is a special agreement), but the deposit is relatively difficult. If there is no special agreement, the deposit is generally not refundable. \xd\2. Legally binding: The subscription fund has no legal effect, and the deposit also has legal effect. For example, the parties may agree that one party shall pay a deposit to the other party as a guarantee for the creditor's rights; After the debtor performs the debt, the deposit shall be used as the price or recovered; If the party paying the deposit fails to perform the agreed debt, it has no right to demand the return of the deposit; If the party receiving the deposit fails to perform the agreed debts, it shall return the deposit twice. \xd\ Subscription fund means that before the real estate is officially sold, the developer will attract buyers who are interested in buying houses to pay the money to the seller in advance by giving priority to housing selection, enjoying preferential opening price and even drawing a parking space. \xd\ down payment \ Under normal circumstances, down payment refers to a way that both parties agree in writing that one party will pay a certain amount of money to the other party in advance to guarantee the realization of contractual creditor's rights. \xd\ For more information about whether the subscription fund is equivalent to the deposit, go to: /ask/b652141615762891.html? Zd view more content