Holding Deposit Agreement Template

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Holding Deposit Agreement Template

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Holding Deposit Agreement Template (1)
Between:
[Name of the Landlord]
[Landlord’s ID]
[Landlord’s Address]
[Landlord’s Phone]
[Landlord’s Email]
And:
[Name of the Tenant]
[Tenant’s ID]
[Tenant’s Address]
Introduction:
This agreement is made to outline the terms under which the Tenant pays a holding deposit to the Landlord for the property located at [Property Address] starting from [Contract Start Date].
Clause 1: Purpose of the Deposit
The Tenant agrees to pay a holding deposit of [Amount] to secure the property while the application for tenancy is processed.
Clause 2: Deposit Payment
The holding deposit must be paid within [Number] days of signing this agreement to confirm the intention to rent the property.
Clause 3: Conditions for Returning the Deposit
The holding deposit will be returned to the Tenant under the following conditions: [Specify conditions, e.g., if the Tenant is not chosen for tenancy].
Clause 4: Forfeiture of Deposit
If the Tenant withdraws from the agreement after the deposit has been paid, the deposit will be forfeited under the following circumstances: [Specify circumstances].
Clause 5: Agreement Duration
This holding deposit agreement shall remain in effect until [Specify end date or condition], unless terminated earlier by mutual consent.
Signed in [City], [Date].
Sincerely,
[Signature of the Landlord]
[Name of the Landlord]
[Signature of the Tenant]
[Name of the Tenant]
Holding Deposit Agreement Template (2)
Between:
[Name of the Landlord]
[Landlord’s ID]
[Landlord’s Address]
[Landlord’s Phone]
[Landlord’s Email]
And:
[Name of the Tenant]
[Tenant’s ID]
[Tenant’s Address]
Introduction:
This document serves as an agreement between the Landlord and Tenant for the payment of a holding deposit for the property at [Property Address], effective from [Contract Start Date].
Clause 1: Amount of Deposit
The Tenant agrees to pay a holding deposit of [Amount] to indicate their commitment to renting the property.
Clause 2: Deposit Usage
The holding deposit will be utilized to secure the property and will be held until a tenancy agreement is executed or denied.
Clause 3: Refund Policy
The holding deposit will be refunded if the Tenant is not granted the tenancy, under the following conditions: [Specify conditions].
Clause 4: Tenant’s Withdrawal
If the Tenant decides to withdraw from the agreement, the holding deposit will be retained by the Landlord under conditions specified as follows: [Specify conditions].
Clause 5: Confirmation of Tenancy Agreement
Should a tenancy agreement be signed, the holding deposit will be credited towards the first month’s rent or as specified in the tenancy agreement.
Signed in [City], [Date].
Sincerely,
[Signature of the Landlord]
[Name of the Landlord]
[Signature of the Tenant]
[Name of the Tenant]

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Please complete the form below to create the Holding Deposit Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Holding Deposit Agreement Template

1. Tenant Information


2. Landlord Information


3. Property Details

4. Deposit Amount

5. Terms of the Deposit

6. Refund Terms

7. Conditions of Agreement

8. Duration of Holding Period

9. Signatures and Acceptance

10. Declaration and Signatures



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Holding Deposit Agreement Template

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Holding Deposit Agreement Template