The deposit agreement
The deposit consists of delivery, the buyer to the seller, a part of the agreed total price. The law distinguishes between three types of deposit:
1) CONFIRMATORY: delivery serves as a signal the conclusion of the contract or proof of its perfection, being on account of price, as part ahead of it, and if frustrating business because of who was, it must lose.
2) PENITENCIALES: The amount of money that is given by one party to another Contracting allows both the contract and subsequently separated perfected, paving who gave the pledge to lose, or who received them, to return double.
3) PENALTY: Failure to comply deposit will be lost, with violation of the delivered, or returned doubled, from failing to receive them, not because they empower the parties to terminate the contract, but default hereunder by way of penalty and as compensation for damage.
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