deposit requirements
Upfront payment rules
Deposit requirements are upfront payments demanded before goods or services are provided, or before an agreement takes effect.
Landlords typically have deposit requirements for new tenants; venues require deposits to hold event dates.
In banking and finance, deposit requirements may specify minimum balances or reserve amounts institutions must maintain.
The deposit requirements for the apartment included first and last month's rent.
- savings accountInterest-bearing bank holding
- down paymentInitial sum toward purchase
- closing costsFees finalizing property purchase
- earnest moneyPayment showing serious intent
- rental applicationForm seeking to lease
minimum balance · collateral · lease agreement · advance payment · escrow account · overdraft protection · interest rate · insurance premium · refund policy · contract clause · fiscal stability · inflation control · fiduciary duty · tenant screening · bank guarantee · margin call · cash on hand · wire transfer
deposit requirementsdeferred payment
Buying before paying
pay later · cash on delivery · final payment · balance due · installment plan
deposit requirementsno money down
pay in full · instant access · lump sum payment · single payment
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