holding deposit
Secures your spot
A holding deposit is a sum paid to temporarily reserve something—typically a rental property—while paperwork is completed or a decision is finalized.
Unlike a security deposit, it's paid before signing a lease to take the property off the market: We put down a holding deposit to secure the apartment.
The deposit may be refundable, applied toward rent, or forfeited if the prospective tenant backs out.
- earnestSincerely intense in purpose
- securityProtection from threat
- landlordProperty owner renting out
- property managerOne overseeing rental units
- tenantOne who rents property
reservation · apartment · leasing · rental agreement · escrow · good faith · rental · application · background check · safeguard · peace of mind · commitment · collateral · guarantee · retainer · pledge · nonrefundable · pending
- depositsCD, FDIC insurance
- leasinglease agreement, tenant, lease term, lease terms, rent
- prepaymentsadvance payment, prepayment, down payment, downpayment, earnest money
- rental costsrent, monthly rent, apartment rent, late fee, first month rent
holding depositfull payment
Entire amount owed, delivered
final payment · balance due · settlement · lump sum payment · binding agreement
holding depositrefund
Money returned after purchase
deposit return · reimbursement · money back · forfeiture · deposit refund
hold, holding, holds, holder, holders, beholden, behold, beheld, deposit