Child Care Deposit Agreement

    

Child Care Deposit Agreement

This contract covers the use and purpose of the deposit of {amount} provided by {Parent} to {Daycare} to reserve a space for {Child} for the {season and year}. This deposit is {nonrefundable/partially refundable/entirely refundable}.

The purpose of the deposit is to hold a place for {Child}, guaranteeing a place at the daycare. If, for reasons that are no fault of {Parent and Child}, {Daycare} must deny the child a place, the deposit will be fully refunded. If {Parent} selects another option, {sum} will be returned to the originator of the check within {number of weeks}.

When the season starts, the deposit money will be used for {way in which deposit money will be used (to pay for care, typically)}.

By signing this document, {Parent} agrees to the conditions above and agrees to forfeit the deposit money if the child does not attend {Daycare} as is stated above.

 

 

I, _____________________, understand the purpose and potential forfeiture of my deposit, as described above. I agree to the terms set forth in this contract.

(Parent's Signature)		(Date)
(Daycare Provider Signature)		(Date)

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