The Security Deposit Agreement Form is a crucial document in Belgian rental arrangements, required whenever a security deposit is provided in connection with a lease agreement. This document ensures compliance with Belgian federal and regional regulations, which mandate the deposit of rental guarantees in blocked bank accounts. The agreement details the specific requirements for each region (Brussels-Capital, Flanders, and Wallonia), including maximum deposit amounts (typically 2 months' rent), interest calculations, and release conditions. It provides essential protection for all parties by establishing clear procedures for deposit management, damage claims, and return of funds. The document is particularly important given Belgium's strict regulations on rental deposits and the requirement for financial institutions to maintain specific blocked accounts for this purpose.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identification of the landlord, tenant(s), and the financial institution holding the deposit
2. Background: Brief context about the rental agreement this security deposit relates to
3. Definitions: Key terms used throughout the agreement including 'Security Deposit', 'Property', 'Lease Agreement', 'Blocked Account'
4. Deposit Amount: Specification of the security deposit amount and confirmation it complies with Belgian law (maximum 2 months' rent)
5. Blocked Account Details: Information about the specific blocked account where the deposit will be held, including account number and bank details
6. Payment Terms: Timeline and method for depositing the security deposit into the blocked account
7. Interest Accrual: Terms regarding interest earned on the deposit and how it will be distributed
8. Release Conditions: Specific conditions under which the security deposit can be released, including end-of-lease inspection requirements
9. Damage Claims Process: Procedure for making and contesting claims against the security deposit
10. Governing Law and Jurisdiction: Specification of Belgian law application and relevant regional regulations
11. Signatures: Execution blocks for all parties including landlord, tenant(s), and bank representative
1. Multiple Tenants: Additional provisions for cases with multiple tenants, defining joint and several liability
2. Third-Party Guarantor: Terms relating to cases where a third party provides the security deposit
3. Property Management: Additional terms when a property management company is involved in managing the deposit
4. Early Termination: Specific provisions for handling the deposit in case of early lease termination
5. Foreign Tenant Provisions: Additional requirements for non-Belgian residents
6. Digital Banking Provisions: Terms specific to online banking and digital account management
7. Alternative Dispute Reֱ: Optional mediation or arbitration procedures before court proceedings
1. Schedule 1: Deposit Payment Form: Standard form for recording the initial deposit payment details
2. Schedule 2: Property Inspection Checklist: Form for documenting property condition at the start of lease
3. Schedule 3: Release Authorization Form: Template for authorizing release of the security deposit
4. Schedule 4: Damage Claim Form: Standard form for documenting any claims against the deposit
5. Schedule 5: Bank Account Details: Detailed banking information and account operating procedures
6. Appendix A: Regional Requirements: Specific requirements based on property location (Brussels/Flanders/Wallonia)
7. Appendix B: Interest Calculation Method: Detailed explanation of how interest is calculated and distributed
Find the exact document you need
Deposit Return Form
A Belgian law-compliant form documenting the return of deposits between parties, including payment details and return conditions.
Download
Security Deposit Agreement Form
A Belgian law-governed agreement establishing terms for managing rental security deposits through mandatory blocked accounts, typically limited to 2 months' rent.
Download
Security Deposit Release Form
A Belgian legal document facilitating the release of security deposits between landlords and tenants, compliant with regional housing regulations and the Belgian Civil Code.
Download
Deposit Agreement Form
A Belgian law agreement establishing terms for the safekeeping of assets or funds between a depositor and depositary, governed by the Belgian Civil Code.
Download
Bank Direct Deposit Form
A Belgian-compliant banking form for setting up automatic direct deposits into bank accounts, meeting EU and Belgian banking regulations.
Download
Cash Deposit Form
A Belgian-compliant banking form for processing and documenting cash deposits, meeting local regulatory and AML requirements.
Download
Security Deposit Return Letter
A formal letter confirming the return of a security deposit under Belgian law, including deposit details, deductions, and return amount.
Download
Cash Deposit Agreement
Belgian law-governed agreement establishing terms for cash deposits with a bank, including operational terms and regulatory compliance requirements.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s 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
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it