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Category Archives: Non-Refundable Deposit

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How should I calculate my non-refundable deposit?

So let’s talk about a common wedding industry pitfall: Not gettin’ that paper upfront. The legal term for taking a payment that is non-refundable in the event of a cancellation is called a Liquidated Damages Clause, or LDC for short. So, with an LDC, you and the client are agreeing up front that, if the event […]

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