Housing deposit Term Meaning in Real Estate - Guide

A holding deposit (or security deposit) is the sum of money you pay to the landlord, developer or the agent to reserve a rental property

Devika Arora

7 years ago

Published Date: Apr 25, 2018

Updated Date: Mar 27, 2024

A holding deposit (or security deposit) is the sum of money you pay to the landlord, developer or the agent to reserve a rental property before the signing of the rental agreement.

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