Rent deposit deed: trust
A rent deposit deed where the deposit is held by the Landlord on trust for the Tenant, subject to the terms of the rent deposit deed.
This standard document assumes that both the Landlord and the Tenant are corporate entities and not individuals. You may also wish to discuss this document with your private client department as there are tax and trust issues (in addition to those mentioned) on which you may need to obtain specialist trust advice.
There is no separate drafting note for this standard document, as the document incorporates integrated drafting notes.
The standard document may be viewed with or without the integrated drafting notes by using the options in the "Actions" box in the top right corner of the screen.
See Standard clauses and drafting notes: Property for clauses that can be used to adapt this document.