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Security Deposit Receipt

Security Deposit Receipt Template for New Zealand

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Key Requirements PROMPT example:

Security Deposit Receipt

"I need a Security Deposit Receipt for a commercial property in Auckland, where the deposit will be paid in three installments between January and March 2025, with specific provisions for GST treatment."

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Document background
The Security Deposit Receipt is a fundamental document in New Zealand's property rental system, required whenever a security deposit is paid by a tenant to a landlord or property manager. This document serves multiple purposes: it provides proof of payment for the tenant, confirms receipt of funds for the landlord, and documents the terms under which the deposit is held. The receipt must comply with New Zealand's Residential Tenancies Act 1986 and related regulations, which govern the handling of security deposits and bonds. It should include specific details about the property, parties involved, payment amount, date of transaction, and conditions for return of the deposit. The document is particularly important for audit trails, legal compliance, and dispute resolution, as it establishes a clear record of the financial transaction and associated terms.
Suggested Sections

1. Receipt Number and Date: Unique identifier for the receipt and date of payment

2. Parties Details: Full names and contact information of both the person/entity receiving the deposit and the person paying the deposit

3. Property Details: Complete address and description of the property for which the security deposit is paid

4. Payment Details: Amount received, form of payment, and confirmation of payment

5. Purpose of Payment: Clear statement that this is a security deposit and its intended purpose

6. Terms of Hold: Details of how the deposit will be held and conditions for its return

7. Bank Account Details: Information about where the deposit is being held (if applicable)

8. Signatures: Space for signatures of both parties confirming the transaction

Optional Sections

1. Related Tenancy Agreement Reference: Include when the security deposit is tied to a specific tenancy agreement

2. Multiple Payment Schedule: Include when the security deposit is being paid in installments

3. Agent Authorization: Include when the deposit is being received by an agent on behalf of the property owner

4. GST Statement: Include when the transaction needs to specify GST treatment

5. Bond Lodgement Details: Include when the deposit will be lodged with Tenancy Services as a bond

Suggested Schedules

1. Payment Schedule: If applicable, detailed schedule of installment payments for the security deposit

2. Photographic Evidence: If applicable, photographs or lists of any pre-existing damage or conditions affecting the deposit

3. Terms and Conditions: Detailed terms and conditions for holding and returning the security deposit

4. Proof of Payment: Copies of payment confirmation, bank transfer receipts, or other payment evidence

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



















Clauses















Relevant Industries

Real Estate

Property Management

Residential Housing

Commercial Property

Student Accommodation

Retirement Living

Retail Leasing

Industrial Property

Professional Services

Legal Services

Relevant Teams

Property Management

Leasing

Legal

Finance

Operations

Administration

Compliance

Accounts Receivable

Trust Accounting

Customer Service

Relevant Roles

Property Manager

Real Estate Agent

Leasing Manager

Property Administrator

Compliance Officer

Legal Counsel

Accounts Receivable Clerk

Tenancy Manager

Operations Manager

Administrative Assistant

Real Estate Branch Manager

Financial Controller

Trust Account Manager

Body Corporate 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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