DEPOSIT MEMORANDUM OF UNDERSTANDING

 

Once the buyer and seller have agreed to the sale of a kitten, a total deposit of $500 will be required to reserve a kitten that is not yet ready for transfer to buyer. The buyer may opt to break the deposit into two payments and pay $250 to hold a kitten and pay the remaining $250 within 30 days of the first payment.

 

NOTE: If the buyer should decide not to finalize the purchase of the kitten, $250 of the deposit paid will be non-refundable. If the kitten becomes incapacitated and unable to sell prior to transfer, the full amount of the deposit paid will be refunded to buyer.

 

If seller is notified in writing of buyers intent not to finalize the sale of the kitten, the seller will refund any deposit paid in excess of the non-refundable $250 portion of the deposit via PayPal within 7 days of receipt of the written notice.

 

Acceptable methods of written notice are phone text, email or certified mail. Seller agrees to notify buyer when the written notice has been received and the refund has been initiated.

 

The remaining balance of the total sale price less the $500 deposit paid is due when your kitten is picked up or delivered.

 

Acceptable forms of payments include:

  • Cash

  • Cashier’s Check

  • Zelle

  • CashApp

  • PayPal via friends and family – NOTE: Buyer is responsible for an additional 3% fees to cover charges by PayPal if payment is not submitted as a friends and family payment. ie… $250 plus $7.50 fee or $500 plus $15.00 fee

  • Western Union – NOTE: buyer pays additional fees

  • Money Gram – NOTE: buyer pays additional fees

 

Buyer and Seller will both sign a deposit agreement