Forfeit Deposit Letter

Forfeit Deposit Letter Template for Singapore

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5

4.8 / 5

Let's create your Forfeit Deposit Letter

1. Select your governing law and document type:

2. Enter your key requirements:

3. Create your document to edit, review or download

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

"I need a Forfeit Deposit Letter to notify a tenant that their $5,000 security deposit will be forfeited due to early termination of their commercial lease agreement and property damage discovered during the final inspection."

Document background

The Forfeit Deposit Letter is a crucial document in Singapore's business and legal landscape, used when one party needs to formally notify another that their deposit will be retained due to specific breaches or failures. This document requires careful drafting to ensure compliance with Singapore contract law and to establish a clear legal basis for the forfeiture. The letter should detail the original agreement, specify the deposit amount, explain the breach or failure that triggered the forfeiture, and reference relevant contractual clauses. It's particularly important in real estate transactions, construction contracts, and other commercial agreements where substantial deposits are involved.

Suggested Sections

1. Date and Address Block: Current date and full recipient details including name and address

2. Reference Line: Reference to relevant transaction/agreement and any reference numbers

3. Subject Line: Clear indication that this is a Deposit Forfeiture Notice

4. Transaction Details: Details of the original agreement, deposit amount, and date paid

5. Forfeiture Statement: Clear statement of deposit forfeiture and legal basis

6. Justification: Explanation of the breach or circumstances leading to forfeiture

7. Closing: Formal closing, signature block and company details

Optional Sections

1. Grace Period Notice: Optional section specifying any grace period for remedy of breach

2. Alternative Resolution Options: Optional section outlining any alternative solutions or negotiation possibilities

3. Further Action: Optional section detailing any additional legal steps that may be taken

Suggested Schedules

1. Original Agreement Extract: Relevant excerpts from the original agreement regarding deposit terms

2. Payment Evidence: Documentation of deposit payment and transaction records

3. Breach Evidence: Documentation supporting the breach or circumstances leading to forfeiture

Authors

Alex Denne

Head of Growth (Open Source Law) @ ��Ƶ | 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
Construction
Retail
Events Management
Hospitality

Relevant Teams

Legal
Finance
Operations
Administration
Compliance

Relevant Roles

Contract Manager
Legal Counsel
Property Manager
Finance Director
Operations Manager

��������Ƶ

How ��������Ƶ reduced drafting time by 75% for a legal firm

Let's create your Forfeit Deposit Letter

Authors

Alex Denne

Find the exact document you need

Security Deposit Receipt

Security Deposit Invoice

Rent Deposit Receipt

Real Estate Deposit Receipt

Pre Contract Deposit Agreement

Holding Deposit Agreement

Earnest Money Agreement

Deposit Receipt

Deposit Invoice

Deposit Form

Deposit Contract

Certificate Of Deposit

Term Deposit Form

Term Deposit Application Form

Request For Return Of Security Deposit Form

Rental Deposit Agreement Form

Recurring Deposit Form

Paycheck Direct Deposit Form

Money Deposit Form

Letter Of Direct Deposit

Forfeit Deposit Letter

Fixed Deposit Receipt

Fixed Deposit Form

Fixed Deposit Application Form

Fixed Deposit Account Opening Form

Dispute Security Deposit Deductions Letter

Direct Deposit Form

Direct Authorization Form

Car Deposit Form

Vendor Direct Deposit Form

Security Deposit Agreement Form

Itemized Security Deposit Deduction Letter

Direct Deposit Request Form

Deposit Refund Form

Deposit Application Form

Certificate Of Deposit Form

Cash Deposit Receipt

Standard Direct Deposit Form

Security Deposit Release Form

Vendor Direct Deposit Authorization Form

Earnest Money Deposit Bank Guarantee

Fixed Deposit Letter

Payroll Direct Deposit Form

Bank Deposit Letter

Direct Credit Authorisation Form

Damage Deposit Form

Cash Deposit Form

Direct Payment Form

Direct Deposit Enrollment Form

Check Deposit Form

Rental Deposit Form

Vehicle Deposit Agreement

Damage Deposit Receipt

Security Deposit Return Letter

Security Deposit Form

Security Deposit Demand Letter

Cash Deposit Agreement

Deposit Release Form

Rental Deposit Agreement

Deposit Acknowledgement Receipt

Vendor ACH Authorization Form

Bank Direct Deposit Authorization Form

Bank Deposit Form

Direct Deposit Authorization Form

Direct Debit Authorization Form

ACH Direct Deposit Form

Download our whitepaper on the future of AI in Legal

�ұ�Ծ���’s Security Promise

Your documents are private:

Your documents are protected:

Organizational security

Innovation in privacy:

Want to know more?

Use Cases

��Ƶ

How ��Ƶ reduced drafting time by 75% for a legal firm

�ұ�Ծ��’s Security Promise