The Security Deposit Installment Agreement is a specialized contract used in Malaysia when parties need to arrange for a security deposit to be paid in multiple installments rather than as a lump sum. This arrangement is commonly used in various contexts, including property rentals, service contracts, and equipment leasing, where the depositor requires payment flexibility. The agreement complies with Malaysian contract law, particularly the Contracts Act 1950 and relevant financial regulations. It typically includes detailed payment schedules, deposit handling procedures, default provisions, and return conditions. This document is particularly valuable in situations where businesses or individuals need to secure a contractual relationship but require accommodation in terms of deposit payment timing. The agreement protects both parties by clearly defining rights, obligations, and procedures while facilitating accessible entry into secured transactions.
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, registration numbers for companies, and addresses
2. Background: Context of the agreement, explaining the purpose of the security deposit and the reason for installment arrangements
3. Definitions: Definitions of key terms used throughout the agreement
4. Security Deposit Amount: Total amount of security deposit required
5. Installment Terms: Detailed breakdown of installment payments, including amount, frequency, and duration
6. Payment Method: Acceptable methods of payment and payment processing details
7. Security Deposit Purpose: Specific purpose and use of the security deposit
8. Deposit Handling: Terms regarding how the deposit will be held and managed
9. Default and Remedies: Consequences of default in installment payments and available remedies
10. Return of Deposit: Conditions and process for the return of the security deposit
11. Representations and Warranties: Standard representations and warranties from both parties
12. Governing Law: Specification of Malaysian law as governing law and jurisdiction
13. Execution: Signature blocks and execution requirements
1. Interest on Deposit: Include when interest is to be paid on the held security deposit
2. Early Payment Provisions: Include when early payment of installments is allowed and any associated terms
3. Third Party Guarantor: Include when a guarantor is providing additional security for the installment payments
4. Insurance Requirements: Include when insurance is required to protect the security deposit
5. Electronic Payments: Include when electronic payment methods are specifically required or offered
6. Force Majeure: Include when circumstances beyond parties' control need to be addressed
7. Confidentiality: Include when the terms of the agreement need to remain confidential
1. Schedule 1 - Installment Payment Schedule: Detailed breakdown of all installment payments with dates and amounts
2. Schedule 2 - Payment Methods: Detailed information about accepted payment methods and processing details
3. Schedule 3 - Deposit Calculation: Breakdown of how the security deposit amount was calculated
4. Appendix A - Required Documents: List of documents required from parties for verification and record-keeping
5. Appendix B - Bank Account Details: Specific bank account information for deposit payments
6. Appendix C - Contact Information: Detailed contact information for all parties and relevant representatives
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Property Management
Banking and Financial Services
Construction
Facilities Management
Retail
Commercial Leasing
Professional Services
Hospitality
Manufacturing
Equipment Leasing
Telecommunications
Relevant Teams
Legal
Finance
Operations
Compliance
Risk Management
Property Management
Contract Administration
Treasury
Business Development
Credit Control
Facilities Management
Relevant Roles
Legal Counsel
Property Manager
Financial Manager
Contract Administrator
Leasing Manager
Risk Manager
Compliance Officer
Operations Manager
Account Executive
Business Development Manager
Treasury Manager
Facilities Manager
Real Estate Agent
Credit Controller
Company Secretary
Find the exact document you need
Membership Pledge Agreement
A Malaysian law-governed agreement that establishes the terms, conditions, and mutual obligations between an organization and its members.
Download
Security Interest Contract
A Malaysian law-governed agreement creating and documenting a security interest over specified assets, establishing rights and enforcement mechanisms for the security holder.
Download
Stock Broker Agreement
A Malaysian-law governed agreement between a stock broker and client establishing terms for securities trading services and regulatory compliance.
Download
Security Agreement For Promissory Note
A Malaysian law-governed agreement creating security interests to secure obligations under a promissory note, establishing creditor rights and enforcement mechanisms.
Download
Penetration Testing Confidentiality Agreement
A Malaysian law-governed agreement establishing confidentiality obligations and operational parameters for penetration testing services, ensuring legal compliance and data protection.
Download
Personal Property Security Agreement
A Malaysian law-governed agreement creating security interests over personal property to secure financial obligations, compliant with the Hire Purchase Act 1967.
Download
Data Privacy Contract
Malaysian law-governed data privacy agreement establishing data processing obligations and compliance with PDPA 2010.
Download
Pledge Security Agreement
A Malaysian law-governed security document creating a pledge over specific assets as collateral for securing obligations, subject to local registration and enforcement requirements.
Download
Safe Deposit Box Lease Agreement
A Malaysian law-governed agreement between a bank and customer for leasing a safe deposit box, outlining usage terms, security procedures, and obligations of both parties.
Download
Safe Deposit Box Rental Agreement
A Malaysian law-governed agreement between a bank and customer for safe deposit box rental services, compliant with local banking regulations.
Download
Irrevocable Pledge Agreement
A Malaysian law-governed agreement creating an irrevocable security interest over assets in favor of a pledgee, establishing secured creditor rights and enforcement mechanisms.
Download
Personal Security Agreement
A Malaysian law-governed agreement creating security interests over personal property to secure obligations, detailing terms of security creation, maintenance, and enforcement.
Download
Security Deposit Installment Agreement
Malaysian-law governed agreement for payment of security deposits in installments, defining payment terms, deposit management, and return conditions.
Download
Business Security Agreement
A Malaysian law-governed agreement creating security interests over business assets, establishing rights and obligations between secured creditors and business debtors.
Download
Personal Loan Contract With Collateral
Malaysian law-governed agreement for a personal loan secured by collateral, detailing loan terms, security arrangements, and enforcement rights.
Download
Shareholder Agreement Transfer Of Shares
A Malaysian law-governed agreement documenting the terms and conditions for the transfer of shares between shareholders, including transfer mechanics and post-transfer arrangements.
Download
Deposit Pledge Agreement
A Malaysian law-governed agreement creating security over deposit accounts, establishing pledge terms and enforcement rights under Malaysian legislation.
Download
Key Holding Agreement
A Malaysian law-governed agreement establishing terms for professional key holding services, including security protocols and liability provisions.
Download
Inventory Security Agreement
A Malaysian law-governed agreement creating security interests over company inventory as collateral for financing arrangements.
Download
Reinsurance Security Agreement
A Malaysian law-governed agreement establishing security arrangements and collateral requirements between a reinsured entity and reinsurer, compliant with Bank Negara Malaysia regulations.
Download
Debenture Subscription Agreement
Malaysian law-governed agreement setting out terms for subscription to company-issued debentures, including commercial terms and regulatory compliance requirements.
Download
Third Party Pledge Agreement
A Malaysian law-governed security document where a third party pledges assets to secure another party's debt obligations.
Download
Commercial Security Agreement
A Malaysian law-governed agreement establishing security interests over assets to secure specified obligations, detailing enforcement rights and parties' obligations.
Download
Stock Pledge Agreement
A Malaysian law security document creating a pledge over shares as collateral for obligations, compliant with local company and securities laws.
Download
Collateral Security Agreement
A Malaysian law-governed agreement creating security interests over collateral to secure specified obligations, detailing terms for granting, maintaining, and enforcing the security.
Download
Personal Data Protection Agreement
A Malaysian law-compliant agreement governing personal data processing rights and obligations under PDPA 2010.
Download
Master Security Agreement
A Malaysian law-governed agreement establishing a framework for multiple security interests over various assets, setting out terms for creation, perfection, and enforcement of security.
Download
Collateral Sharing Agreement
Malaysian law-governed agreement establishing rights and procedures for multiple creditors sharing common security interests, accommodating both conventional and Islamic financing structures.
Download
Stock Lending Agreement
A Malaysian law-governed agreement establishing terms for securities lending transactions between institutional parties, compliant with local regulatory requirements.
Download
Stock Issuance Agreement
A Malaysian law-governed agreement documenting the terms and conditions for issuing new company shares to subscribers.
Download
Share Security Agreement
A Malaysian law-governed agreement creating security interests over shares, detailing pledge terms and enforcement rights in compliance with local company and securities laws.
Download
Promissory Note And Security Agreement
A Malaysian law-governed instrument combining a promise to pay with security arrangements, establishing both debt obligations and asset security.
Download
Collateral Access Agreement
A Malaysian law-governed agreement establishing terms for secured party access to collateral, including security protocols and access procedures.
Download
Convertible Note Agreement
A Malaysian law-governed agreement establishing terms for convertible debt financing, including loan terms and equity conversion rights.
Download
Third Party Security Agreement
A Malaysian law-governed agreement where a third party provides security for another party's obligations to a secured creditor.
Download
Property Collateral Agreement
A Malaysian law-governed agreement creating a security interest over real property as collateral for financial obligations.
Download
Pledge And Security Agreement
A Malaysian law-governed agreement creating security interests over specified assets, detailing pledge terms, security arrangements, and enforcement rights under Malaysian legal requirements.
Download
Security Purchase Agreement
A Malaysian law-governed agreement documenting the terms and conditions for the sale and purchase of securities, ensuring compliance with local securities regulations.
Download
Security Loan Agreement
A Malaysian law-governed agreement facilitating the temporary transfer of securities between parties, detailing loan terms, collateral requirements, and regulatory compliance.
Download
Agreement For Security Deposit
A Malaysian law-governed agreement establishing terms for managing and releasing a security deposit between parties, including deposit amount, conditions, and parties' rights and obligations.
Download
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)