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  • Irfnet Scholarship Form

Get Irfnet Scholarship Form

March 11, 2013. Please read and follow all guidelines. Your application will be disqualified if you omit required information or ignore instructions. We encourage you to read through our FAQs on our scholarship webpage www.lookingglass.org/scholarships before you begin the application. The FAQs answer.

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A deposit is a sum of money that is held in an account. It may be secured in a bank for safekeeping or to secure goods for renting or purchase. Many different kinds of business transactions involve the use of a deposit. During daily operations, your business may pay regular deposits and receive deposits from customers.

A term deposit is a legal contract between you and the financial institution for the higher interest rate, so by withdrawing your money early, you are breaking the contract. This means you would have received a higher interest rate than you were entitled to.

If a payment constitutes a deposit, then the buyer will not normally be able to recover the deposit. If the payment constitutes a part-payment, then the seller would only be able to keep such amount as is equal to its loss from the buyer's cancellation. How do you determine whether the advance payment is a deposit?

If the deposit was made in connection with an application for a rental, it may or may not be refundable depending on the terms printed on the application. If the deposit was made towards payments due under a lease that was never signed then it must be returned to you.

Under the law, once a contract is breached, the guilty party must remedy the breach. The primary solutions are damages, specific performance, or contract cancellation and restitution. Compensatory damages: The goal with compensatory damages is to make the non-breaching party whole as if the breach never happened.

The penalties for breaking a fixed-term lease can be considerable, even if you give the correct amount of notice. For example, you may: Lose your deposit, if you leave before the term stated in the lease.

Whether you can break your deposit will depend on the terms of your contract with the bank. In most cases, you can do so only if the bank agrees. Some banks offer a cooling-off period, during which you can cancel your term deposit and get back your principal without interest.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Content Takedown Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232