Document background
The Holding Deposit Contract serves as a preliminary agreement in property transactions under Swiss law, providing security for both sellers and potential buyers during the negotiation phase. This document is typically used when a potential buyer has serious interest in a property but requires time for due diligence, financing arrangements, or other preparations before proceeding with the full purchase. The contract specifies the deposit amount (usually a percentage of the purchase price), the exclusivity period during which the seller cannot sell to other parties, and conditions for either proceeding with the purchase or terminating the agreement. It must comply with Swiss federal legislation, including the Code of Obligations and Anti-Money Laundering Act, as well as cantonal property laws. The document is particularly important in Switzerland's competitive real estate market, where property transactions often involve significant complexity and multiple stakeholders.
