Skip to content
paysagement

deposit

In French: acompte

Definition

Money paid up front at signing. Outside itinerant sales, the law sets no cap: keep it as small as possible and provide for a refund if the work is not done on time.

Also called

  • down payment

Other names in French

  • dépôt

Sources

  1. The OPC advises paying the smallest possible deposit and providing for its refund if the work is not finished by the agreed date.

    Request a contract (before hiring a renovation contractor) · Office de la protection du consommateur