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contrato de arras
A masculine noun is used with masculine articles and adjectives (e.g. el hombre guapo, el sol amarillo).
a. deposit contract
El comprador de la casa firmó un contrato de arras que le obligaba a dejar $10,000 en depósito.The buyer of the house signed a deposit contract that binded him to leave a $10,000 deposit.
b. contract of deposit
Si desea abandonar el acuerdo, deberá pagar la indemnización estipulada en el contrato de arras.If you wish to withdraw from the agreement, you will have to pay the compensation stipulated in the contract of deposit.
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