A refundable deposit receipt form is a formally drafted document which acts as a standard receipt form for the purpose of a deposit payment made which is refundable in nature. These types of deposit are refundable under certain terms and conditions which may or may not be mentioned in the receipt form. These forms consist of details such as the names, addresses, contact numbers of the seller and buyer, details of the refundable amount and the other details of the receipt, if any. A refundable deposit receipt form is generally used in the case where there is little assurance about the item being sold such as a used car or any other used item.
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