Google+

Category Archives: Non-Refundable Deposit

Last updated by at .

Why Non-Refundable Deposits are Important in Wedding Vendor Contracts

Before we can talk about why we have non-refundable deposits, we have to understand a brief history of the litigation process. So let’s talk about a world without non-refundable deposits. Let’s imagine a world in which you sign a contract with the bride and you’re going to get paid after the wedding. You wouldn’t do […]

View full post »

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 […]

View full post »