Damage Deposit Form

Damage Deposit Form Template for Singapore

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Key Requirements PROMPT example:

"I need a Damage Deposit Form for my three-bedroom condo in Singapore, where I'm collecting a deposit of $5,000 from an expat tenant starting March 2025, and I want to include specific clauses about maintaining the newly renovated kitchen and imported furniture."

What is a Damage Deposit Form?

The Damage Deposit Form is a crucial document in Singapore's rental market that protects both landlords and tenants by clearly documenting the terms of security deposits. This document is essential when establishing a new tenancy and should be completed before any deposit payment is made. It typically includes detailed information about the property, deposit amount, conditions for deductions, and return terms, all in compliance with Singapore's Security Deposit Act and related housing legislation. The form serves as a reference point for both parties throughout the tenancy and during the deposit return process.

What sections should be included in a Damage Deposit Form?

1. Property Details: Full address and description of the property

2. Parties Information: Complete details of landlord and tenant including full names, identification numbers, and contact information

3. Deposit Amount: Specific amount of deposit and payment method, including bank account details for return

4. Terms of Deposit: Conditions for holding and returning the deposit, including timeline for return

5. Deduction Conditions: Specific circumstances under which deductions can be made from the deposit

What sections are optional to include in a Damage Deposit Form?

1. Additional Property Items: Inventory of furnishings and items covered by the deposit - used for furnished properties

2. Special Conditions: Any unique requirements or agreements specific to the property or circumstances

3. Interest Terms: Details of any interest payable on the deposit amount

What schedules should be included in a Damage Deposit Form?

1. Property Condition Report: Detailed documentation of property condition at the start of tenancy

2. Inventory List: Comprehensive list of furnishings and fittings covered by the deposit

3. Photographic Evidence: Dated photographs documenting the condition of the property and items

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
Residential Housing
Property Development
Student Housing

Relevant Teams

Real Estate Operations
Legal
Finance
Property Management
Administrative

Relevant Roles

Property Manager
Leasing Officer
Real Estate Agent
Housing Administrator

Find the exact document you need

Security Deposit Receipt

A Singaporean legal document acknowledging receipt of security deposits, detailing terms for residential or commercial transactions.

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Let's create your Damage Deposit Form

What is a Damage Deposit Form?

What sections should be included in a Damage Deposit Form?

What sections are optional to include in a Damage Deposit Form?

What schedules should be included in a Damage Deposit Form?

Authors

Alex Denne

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