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Updated over 6 years ago,
HOW TO JUSTIFY NON-REFUNDABLE DEPOSITS?
Hey evet,
I'm at work and out of no where I had this thought. For a rent-to-own property, is a non-refundable deposit ok? Though the buyers are not obligated to buy the property at the end of the term, should the upfront deposit be refundable like a normal apartment rental or could it be different because it is a home and there's more responsibility and different mentality about the property. What are your thoughts? Thanks.