The Security Deposit Transfer Agreement is utilized when there's a need to transfer a security deposit from one party to another in Singapore. This commonly occurs during property management transitions, assignment of leases, or changes in landlord/property ownership. The agreement ensures compliance with Singapore's property and banking laws while protecting all parties' interests. It includes essential details such as transfer amounts, timing, bank information, and release conditions. The document is crucial for maintaining clear records and preventing disputes regarding security deposit ownership and obligations.
Create a bespoke document in minutes, or upload and review your own.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Key Requirements PROMPT example:
Security Deposit Transfer Agreement
"I need a Security Deposit Transfer Agreement for transferring a commercial property security deposit of SGD 50,000 from ABC Property Management to XYZ Real Estate, with the transfer to be completed by March 15, 2025."
1. Parties: Identification of transferor, transferee, and any other relevant parties
2. Background: Context of the security deposit transfer and original arrangement
3. Definitions: Key terms used throughout the agreement
4. Transfer Details: Specific amount, form, and timing of the security deposit transfer
5. Rights and Obligations: Responsibilities of each party regarding the transfer
6. Governing Law: Specification of Singapore law as governing law
1. Bank Details: Required when transfer involves bank transactions and specifies bank account information for the transfer
2. Original Agreement Reference: Details of the original agreement requiring the security deposit, including relevant terms and conditions
3. Release Conditions: Specific conditions that must be met for the release of the security deposit
1. Schedule 1 - Transfer Details: Detailed breakdown of the security deposit amount and transfer method
2. Schedule 2 - Original Security Deposit Documentation: Copies of original security deposit arrangement documents
3. Appendix A - Bank Details: Banking information for transfer (if applicable)
Authors
Relevant legal definitions
Clauses
Relevant Industries
Relevant Teams
Relevant Roles
Find the exact document you need
Term Deposit Agreement
A Singapore-law governed agreement establishing terms for a fixed-term deposit between a bank and depositor, compliant with MAS regulations.
find out more
Hold Deposit Agreement
A Singapore-governed agreement setting out terms for holding and managing a deposit between parties, including release conditions and forfeiture terms.
find out more
Security Deposit Transfer Agreement
A Singapore-law governed agreement facilitating the transfer of security deposits between parties, ensuring legal compliance and protection of all stakeholders.
find out more
Lease Rental Bond Policy
A Singapore-compliant insurance policy document that replaces traditional cash security deposits in rental agreements, protecting landlords against tenant-related risks.
find out more
Assignment Of Security Deposit
A Singapore law-governed agreement that transfers rights and interests in a security deposit from one party to another.
find out more
Deposit On Purchase Agreement
A Singapore-law governed agreement documenting terms of a purchase deposit and subsequent purchase obligations.
find out more
Good Faith Deposit Contract
A Singapore-law governed agreement establishing terms for a good faith deposit to demonstrate serious intent in a transaction.
find out more
Employee Security Deposit Agreement
A Singapore-law governed agreement establishing terms for employee security deposits, compliant with local employment regulations.
find out more
Deposit Agreement Contract
A Singapore-law governed agreement establishing terms and conditions between a deposit-taking institution and depositor for managing deposit accounts.
find out more
6 Month Rent Contract
A six-month residential tenancy agreement compliant with Singapore law, establishing terms between landlord and tenant.
find out more
Deposit Rental Agreement
A Singapore-compliant agreement governing the terms of rental security deposits between landlords and tenants.
find out more
Download our whitepaper on the future of AI in Legal
By providing your email address you are consenting to our Privacy Notice.
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 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
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a 拢1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.