HOLDING DEPOSIT. A holding deposit is usually taken from a tenant applying to rent a property. The purpose of this deposit is to verify the Tenant's serious intent to proceed, this deposit is the equivalent to one week’s rent. This deposit does not protect the Landlord against loss of rent due to the Tenant deciding to withdraw, or references proving unsuitable. Upon the commencement of the Tenancy Agreement, this deposit will be credited to the Tenant’s account towards the first month’s rent. Should the tenant fail referencing due to misleading information provided against their application, or withdraw their application to rent the Property, the Agent reserves the right to retain any costs incurred.
HOLDING DEPOSIT. If the Resident has not paid a Reservation Deposit to the Provider the Holding Deposit must be paid to the Provider before the Actual Move In Date if the Weekly Residence Fees for the Resident’s residence at the Home are not being paid for in full by Local Authority or other public funding.
HOLDING DEPOSIT. Tenants or purchasers wishing to secure this property will be required to pay a holding deposit to Claridges of £3,000. This deposit is not refundable except if the vendor withdraws, clear title cannot be proved or the tenants references are not acceptable to the landlord. This deposit is held in our clients account until completion.
HOLDING DEPOSIT. 12.1 The Seller acknowledges that a holding deposit in the sum of was received on 20 .
12.2 The Buyer agrees that the balance of the Purchase price in the sum of must be paid by 20 _.
12.3 The Parties agree that the Holding Deposit is non-refundable. They further agree that should the balance of the Purchase price not be paid by the date as in 12.2 above, the Buyer will have no further claims to the vehicle described in 2. and the Seller is relieved of all obligations in respect of this agreement.
HOLDING DEPOSIT. A holding deposit is generally taken from a tenant applying to rent a property. The purpose of the holding deposit is to reserve the property and to verify the Tenant's serious intent to proceed, and to protect the Agent against reasonable expenses (carrying out references, conducting viewings, re-advertising) that may be incurred should the Tenant decide to withdraw the application. The holding deposit does not protect the Landlord against loss of rent due to the Tenant deciding to withdraw, or references proving unsuitable although early acceptance of rent from the applicant would not be advisable until satisfactory references have been received. Landlords should notify the Agent where they wish insurance to be undertaken to protect against loss of rents. This fee is not a tenancy deposit until it is transferred on the establishment of the tenancy.
HOLDING DEPOSIT. To hold their unit until they take possession, Tenants shall pay Landlord a holding deposit of $ . Upon taking possession, the holding deposit converts to security deposit money. If Tenants do not take possession of the Premises, the holding deposit is forfeited in full.
HOLDING DEPOSIT. You agree to pay Premier Lettings (Oxford) Ltd the sum of 1 weeks holding deposit. This will eventually be paid into your damages deposit but will initially reserve the property for you/your group (subject to contract). The holding deposit will be retained by Premier Lettings (OXFORD) Ltd. should any references not be satisfactory or should any references not be produced within the set deadline for agreement. The set deadline for agreement shall be fifteen days from signing for the property. Nothing in this document acts as a grant or a promise to grant a tenancy to any person. All negotiations for a tenancy between you and the landlord are conducted on a subject to contract and satisfactory reference basis. You confirm that all information in this document is true to the best of your knowledge and belief.
HOLDING DEPOSIT. 12.1 The Seller acknowledges that a holding deposit in the sum of was
HOLDING DEPOSIT. The Seller acknowledges that a holding deposit of $ (amount) was received from the Buyer on (date). The Buyer will pay the remaining balance in the sum of $ (amount) by Both parties agree that should the Buyer fail to pay the remaining balance of the agreed upon purchase price by the specified date, the Buyer will have no further claims or rights to the above mentioned vehicle unless otherwise indicated by the Seller. If payment is not received by the agreed upon date, the Seller will have no further obligations and the terms of this agreement will be null and void.
HOLDING DEPOSIT. A holding deposit is capped at one weeks’ rent and generally taken from a tenant applying to rent a property. The purpose of this fee is to verify the tenant's serious intent to proceed, and to protect the Agent against any administrative expenses (taking out bank references, conducting viewings, re-advertising) that may be incurred should the tenant decide to withdraw the application. The reservation fee does not protect the Landlord against loss of rent due to the tenant deciding to withdraw, or references proving unsuitable although early acceptance of rent from the applicant would not be advisable until satisfactory references have been received. This fee is not a deposit until it is transferred on the establishment of the tenancy and must be deducted from the tenants first months rent amount. Note: 15 days from accepting a holding deposit a tenancy agreement must be entered into or the deposit returned to the applicant unless an extension is agreed in writing or the applicant withdraws. Should the applicant withdraw and the holding deposit can legally be retained this will be withheld by Xxxxxx Xxxxx to cover costs incurred.
