In summary, a deposit is security for the buyer's performance of the contract. It is generally not refundable unless the contract expressly states otherwise. In contrast, a part-payment is refundable, subject to any losses that the innocent party may have as a result of the breach.

Are deposits always nonrefundable?

From this stems the rule that deposits in law are not refundable if the buyer cancels the contract before completion. ... This means that it is refundable should the contract be cancelled, subject to any losses the seller may be able to claim if the buyer has cancelled in breach of the contract.

Can you dispute a non-refundable deposit?

Can you dispute a non-refundable charge? Yes. Cardholders have the right to dispute a transaction, as long as there is a valid claim.