The Holding Deposit Agreement Template is designed for use in Australian property transactions where a potential purchaser wishes to secure a property while finalizing their purchase decision or arranging financing. This document establishes the legal framework for holding deposits, protecting both vendor and purchaser interests during the initial stages of a property transaction. It includes essential provisions required by Australian federal and state property laws, specifying deposit amounts, holding periods, refund conditions, and the process for proceeding to full purchase. The agreement is particularly crucial in competitive property markets where buyers need to demonstrate serious intent while maintaining legal protections. It incorporates relevant consumer protection measures and complies with state-specific real estate transaction requirements.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of all parties to the agreement including full legal names and addresses of the potential purchaser(s) and vendor(s)
2. Background: Brief context of the transaction, including the property details and purpose of the holding deposit
3. Definitions: Clear definitions of key terms used throughout the agreement
4. Deposit Amount and Payment: Specification of the holding deposit amount, payment method, and deadline
5. Purpose of Holding Deposit: Clear statement of what the holding deposit secures and its relationship to the purchase price
6. Duration: Period for which the property will be held off the market
7. Deposit Handling: Details of how the deposit will be held (e.g., in trust account) and by whom
8. Purchase Process: Steps to proceed with the full property purchase and treatment of the holding deposit in that context
9. Refund Conditions: Circumstances under which the deposit will be refunded
10. Forfeiture Conditions: Circumstances under which the deposit may be forfeited
11. Execution: Signature blocks and execution requirements
1. Due Diligence Period: Include when the buyer requires time to conduct property investigations or obtain finance
2. Special Conditions: Add when there are unique circumstances or requirements specific to the transaction
3. GST Provisions: Include when the transaction involves commercial property or new residential premises
4. Agent Authorization: Include when a real estate agent is involved in holding the deposit
5. Foreign Investment Approval: Include when the potential purchaser is a foreign person under FIRB regulations
6. Cooling-off Rights: Include when applicable under state law and not waived
7. Joint Purchasers: Include specific provisions when there are multiple purchasers
1. Property Details Schedule: Detailed description of the property including title details, fixtures, and inclusions
2. Payment Schedule: Breakdown of the holding deposit, purchase price, and payment timelines
3. Buyer's Acknowledgment Form: Standard form acknowledging receipt of required disclosures and understanding of terms
4. Proof of Deposit Payment: Copy of deposit payment receipt or transfer confirmation
5. Agency Agreement Details: If applicable, details of the real estate agency holding the deposit
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Property Development
Legal Services
Construction
Commercial Property
Residential Property
Property Investment
Property Management
Relevant Teams
Legal
Real Estate
Property Management
Sales
Compliance
Contract Administration
Risk Management
Operations
Business Development
Relevant Roles
Real Estate Agent
Property Lawyer
Conveyancer
Property Manager
Legal Counsel
Contract Administrator
Sales Manager
Property Developer
Commercial Property Manager
Transaction Manager
Compliance Officer
Real Estate Director
Property Consultant
Find the exact document you need
Request Deposit Back Letter
An Australian jurisdiction formal letter requesting the return of a rental bond or security deposit from the relevant authority or landlord.
find out more
Rental Bond Receipt
An Australian-compliant template for documenting rental bond payments in residential tenancy arrangements, meeting state-specific legal requirements.
find out more
Foreign Direct Deposit Enrolment Form
An Australian-compliant banking form for establishing foreign direct deposit arrangements for international payments and transfers.
find out more
Bond Deposit Form
An Australian legal document for registering and lodging residential rental bond payments with relevant state/territory authorities.
find out more
Security Deposit Itemization Form
An Australian legal document detailing deductions from a tenant's security deposit, providing itemized charges and final settlement amounts in accordance with state/territory tenancy laws.
find out more
Earnest Money Agreement Form
An Australian legal document formalizing a buyer's commitment to purchase property through earnest money deposit, outlining terms for holding and releasing funds.
find out more
Statutory Declaration Deposit
An Australian legal document providing a sworn statement about a financial deposit, verified by an authorized witness under the Statutory Declarations Act 1959.
find out more
Business Direct Deposit Form
An Australian business banking form for establishing direct deposit arrangements and electronic fund transfers in compliance with local banking regulations.
find out more
Security Deposit Receipt
An Australian-compliant template for documenting security deposit receipts, meeting state and federal legislative requirements.
find out more
Real Estate Deposit Receipt
An Australian legal template acknowledging receipt of property purchase deposits, ensuring compliance with national and state-specific real estate regulations.
find out more
Holding Deposit Agreement
An Australian legal agreement governing the payment and handling of property holding deposits, setting out terms for securing a property during the initial purchase phase.
find out more
Deposit Receipt
An Australian-compliant template for documenting and acknowledging receipt of deposit payments, ensuring legal protection for all parties involved.
find out more
Deposit Contract
Australian-compliant deposit contract template establishing terms between financial institutions and depositors, aligned with local banking regulations and consumer protection laws.
find out more
Certificate Of Deposit
An Australian-compliant template for Certificate of Deposit agreements between financial institutions and depositors, incorporating all necessary regulatory requirements and terms.
find out more
Rental Deposit Agreement Form
An Australian legal document establishing terms for rental deposit/bond management between landlords and tenants, ensuring compliance with state residential tenancy laws.
find out more
Recurring Deposit Form
An Australian-compliant banking form for establishing recurring deposit arrangements, capturing deposit schedules, terms, and customer details.
find out more
Paycheck Direct Deposit Form
An Australian-compliant authorization form for setting up automatic paycheck deposits into employee bank accounts.
find out more
Fixed Deposit Receipt
An Australian-compliant banking document evidencing a time deposit, specifying deposit amount, interest rate, term, and maturity details.
find out more
Fixed Deposit Form
An Australian banking document that establishes the terms and conditions for a fixed-term deposit account, compliant with Australian banking regulations.
find out more
Fixed Deposit Account Opening Form
An Australian banking form for establishing a fixed deposit account relationship, complying with local banking regulations and customer documentation requirements.
find out more
Dispute Security Deposit Deductions Letter
An Australian legal document used to formally dispute and detail security deposit deductions made from a rental bond, complying with state-specific tenancy laws.
find out more
Direct Deposit Form
An Australian-compliant form for setting up electronic fund transfers, capturing banking details and authorization for automatic deposits.
find out more
Vendor Direct Deposit Form
An Australian-compliant form for setting up electronic payment arrangements with vendors through direct deposit.
find out more
Security Deposit Return Form
An Australian legal form for processing and documenting the return of security deposits (bonds) at the end of a tenancy, compliant with state tenancy laws.
find out more
Security Deposit Refund Form
An Australian-compliant form for processing rental bond refunds between landlords and tenants, including payment instructions and party agreements.
find out more
Security Deposit Agreement Form
An Australian-law governed agreement establishing terms and conditions for security deposit arrangements, including payment, holding, and release conditions.
find out more
Direct Deposit Application Form
An Australian-compliant form for establishing direct deposit arrangements with financial institutions, including banking details and necessary authorizations.
find out more
Deposit Request Form
An Australian-compliant form used by financial institutions to process and document customer deposit requests, including relevant terms and declarations.
find out more
Deposit Refund Form
An Australian-compliant form for processing deposit refunds, capturing essential transaction details and authorization requirements.
find out more
Deposit Application Form
An Australian-compliant banking form for opening new deposit accounts, meeting regulatory requirements and capturing essential customer and account information.
find out more
Confirmation Of Deposit Receipt
An Australian banking document that officially confirms and records the receipt of deposited funds, complying with local banking regulations.
find out more
Certificate Of Deposit Form
An Australian-compliant banking document that establishes the terms and conditions for a time deposit account, including deposit amount, interest rate, and maturity terms.
find out more
Cash Deposit Receipt
An Australian-compliant banking document that serves as legal proof of cash deposit, meeting local banking and AML/CTF requirements.
find out more
Voided Check Form
An Australian-compliant form used to verify bank account details through a voided check attachment for setting up financial transactions.
find out more
Direct Payment Authorization Form
An Australian-compliant authorization form for establishing recurring direct debit payments between customers and businesses.
find out more
Direct Deposit Change Form
An Australian-compliant form for updating electronic payment banking details for regular fund transfers, meeting local banking regulations and privacy requirements.
find out more
Direct Deposit Bank Account Change Form
An Australian-compliant form for updating bank account details for direct deposit payments, meeting local banking and privacy regulations.
find out more
Security Deposit Deduction Form
An Australian-compliant form for documenting and claiming deductions from a tenant's security deposit, used by landlords and property managers in accordance with state/territory tenancy laws.
find out more
Printed Electronic Deposit Receipt
An Australian-compliant electronic receipt confirming bank deposit transactions, meeting all regulatory and security requirements under Australian banking laws.
find out more
Direct Deposit Form Voided Check
An Australian-compliant form for establishing direct deposit arrangements, verified by voided check, enabling secure electronic fund transfers between parties.
find out more
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)