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Rental Deposit Agreement

Rental Deposit Agreement Template for Switzerland

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Key Requirements PROMPT example:

Rental Deposit Agreement

"I need a Swiss Rental Deposit Agreement for a commercial property in Zurich with three corporate tenants sharing a deposit of CHF 15,000, to be effective from March 1, 2025."

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Document background
The Rental Deposit Agreement is a mandatory document under Swiss law when a security deposit is required for a rental property. It ensures compliance with Article 257e of the Swiss Code of Obligations, which requires rental deposits to be held in a special bank account in the tenant's name. This document is used at the commencement of a tenancy when the landlord requires security for potential damage to the property, unpaid rent, or other claims arising from the lease. The agreement protects all parties' interests by clearly defining the deposit amount, account details, release conditions, and interest arrangements. It's particularly important in Switzerland due to strict regulations governing rental deposits and tenant protection laws.
Suggested Sections

1. Parties: Identification of the landlord, tenant(s), and the bank holding the deposit

2. Background: Brief context about the rental agreement and the requirement for this deposit

3. Definitions: Key terms used in the agreement including 'Deposit', 'Rental Agreement', 'Deposit Account'

4. Deposit Amount and Account: Specification of the deposit amount and details of the dedicated bank account

5. Bank's Obligations: The bank's responsibilities regarding holding and managing the deposit

6. Release Conditions: Conditions and process for releasing the deposit at the end of the tenancy

7. Rights and Obligations: Respective rights and obligations of landlord and tenant regarding the deposit

8. Interest: Provisions regarding interest earned on the deposit and its allocation

9. Notices: Communication requirements between parties

10. Governing Law and Jurisdiction: Confirmation of Swiss law application and jurisdiction

Optional Sections

1. Multiple Tenants: Additional provisions for cases with multiple tenants sharing the deposit

2. Special Release Conditions: Any specific conditions for deposit release beyond standard requirements

3. Power of Attorney: Optional authorization provisions for deposit management

4. Bank Fees: Allocation of any bank fees related to the deposit account

5. Assignment: Provisions regarding the transfer of rights under the agreement

Suggested Schedules

1. Bank Account Details: Complete details of the rental deposit account

2. Rental Agreement Extract: Relevant excerpts from the main rental agreement regarding the deposit

3. Signature Requirements: Specific signature and identification requirements for all parties

4. Release Request Form: Template form for requesting deposit release

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions





















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Relevant Industries

Real Estate

Banking & Financial Services

Property Management

Corporate Housing

Residential Property

Commercial Property

Legal Services

Hospitality

Student Housing

Relevant Teams

Legal

Real Estate

Property Management

Facilities

Corporate Housing

Compliance

Customer Relations

Administrative Services

Asset Management

Tenant Services

Relevant Roles

Property Manager

Real Estate Agent

Legal Counsel

Banking Relationship Manager

Tenancy Administrator

Facilities Manager

Corporate Housing Manager

Leasing Manager

Real Estate Portfolio Manager

Compliance Officer

Housing Administrator

Tenant Relations Manager

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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